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MARKET STATS

MARKET REVIEW | December 2015

NORTH VANCOUVER

MLS BENCHMARK PRICE vs DECEMBER 2014

+27%

MLS BENCHMARK PRICE DECEMBER 2014
MLS BENCHMARK PRICE DECEMBER 2015

$1,044,700

$1,322,300

NORTH VANCOUVER

AVERAGE DAYS ON MARKET vs DECEMBER 2014

-45%

AVERAGE DAYS ON MARKET DECEMBER 2014
AVERAGE DAYS ON MARKET DECEMBER 2015

42

23

PRICES INCREASE, WHILE DAYS ON MARKET DECREASE

January 18, 2016

The market from December 2014 to December of this year has changed immensely, houses are “flying off the shelves” you could say! The prices compared to last December have risen while the average days on market has decreased by an outstanding 45%. Currently in North Vancouver, the demand is much higher than the supply – making for a major sellers market.

SALES

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