Real Estate News Friday, August 20, 2010 Mid August market analysisby Sue Gerryts on Fri, Aug, 20, 2010 02:56 PM 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 | |
| |
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