West Vancouver Real Estate Update
In West Vancouver there were 105 sales recorded for the month of March 2012. This number is down -44.1% from the 188 sales that occured in March 2011. Although the numbers are down quite significantly for this year, if we compare them to 2010 they are quite similar. This illustrates how hot the real estate market was last year and the high volume that was traded.
The number of new listings on the market is down about 14% from last year at 217 for the month of March. Average days on the market for a home is 56 days which has not changed much over the past 2 years.