Sue and Frank Gerryts | Sothebys International Realty Canada
 
Friday, August 20, 2010

Mid August market analysis

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As we reach the middle of August it is worth having a sneak peek at how the market is doing.

The volume of sales of detached homes in the major areas of the region is down by at least half of the same period in 2009.

 

Area Sales in last 30days
2010
Sales in last 30 days
2009
Coquitlam 32 140
North Vancouver 43 106
Port Coquitlam 13 55
Port Moody 12 30
Vancouver West 94 203
West Vancouver 30 68
TOTAL 224 602

 

But what of the prices? As the table below shows, the average list price and sold prices are still above those of the same period a year ago.

  Average of List Price   Average of Sold Price  
Area 2009 2010 2009 2010
Coquitlam 672,789 747,828 658,784 719,843
North Vancouver 939,413 959,426 920,584 939,049
Port Coquitlam 517,096 554,600 506,251 537,154
Port Moody 772,673 918,257 750,852 864,667
Vancouver West 1,859,226 2,037,601 1,781,395 1,945,528
West Vancouver 2,028,101 2,077,150 1,883,528 1,907,917
Grand Total 1,263,659 1,505,642 1,212,432 1,432,545
Frank Gerryts
Cell:604.613.3442
Office:604.922.6995
Home Fax:604 676-2556

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