At an average benchmark price of $882,358, December detached home prices rose 21.1% from December 2008 and 1.3% from 2007. The number of detached homes sold in 2009 was up 34.4% from one year ago and down 2.5% from 2007. The supply of detached homes on the market for the past twelve months was down 16.3% from 2008.
North Vancouver townhouse benchmark prices were up 14.6% from last December, coming in at $579,985, just .4% higher than 2007. Year-end sales are up 44.8% from last year, and down 1.5% from 2007. Listings were down 12.6% from 2008.
December condominium prices in North Vancouver came in at $388,373, up 16.6% from 2008 and down 2.3% from 2007. Listings for the year were down 10%, while sales increased 40.5% from 2008 and decreased 10.7% from 2007.
Statistical source: Real Estate Board of Greater Vancouver