My personal June real estate round up

Dundarave
Dundarave is one of the hot areas in West Vancouver

This is a quick look at the sale prices for houses in a few of the areas that we personally serve as realtors. I pulled out the average sale price in these cities this June and June of last year.

What is interesting is that prices have gone down in the outlying suburbs [Maple Ridge (-5.6%), Port Coquitlam(-0.3%) and Port Moody(-5%)] and up in other areas. The increases in Vancouver West(30.3%), West Vancouver(19.7%) and North Vancouver(13.9%) were all substantial ones.

Sales volume was down in most of these areas, with West Vancouver(100 sales compared to 60) and Vancouver West(144 v 132 in June 2010) being the main exceptions.

This continues the pattern we have seen lately of certain areas being “hot” (perhaps with buyers from Mainland China fuelling the fire?) and others being cooler.

City\Year
June 2010
Avg Sale Price
June 2011
Avg Sale Price
Coquitlam 702,367 734,168
Maple Ridge 497,450 469,555
North Vancouver 928,704 1,057,940
Port Coquitlam 546,700 544,968
Port Moody 863,591 820,088
Vancouver West 1,923,164 2,505,286
West Vancouver 2,016,225 2,413,915
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