At an average benchmark price of $838,416, July detached home prices rose 3.3% from last month, still down 5.2% from one year ago. The number of detached homes sold increased 53.3% from last July, contributing to a year-to-date increase in sales of 5.8% over this period last year. The supply of detached homes on the market decreased slightly from July 2008.
The North Vancouver average townhouse benchmark price of $559,041 is up 1.3% from last month, but 6.4% below July of last year. July sales were up significantly, bringing the year-to-date number of sales up 21.1% from last year.
Condo prices in North Vancouver averaged $365,460, up 2.9% from last month, but still down 6.1% from July 2008. July sales were up 47.9% from one year ago. Listings increased by 13.1% from last July.
Statistical Source: Real Estate Board of Greater Vancouver