The Prices of Listed vs Sold homes in North Vancouver might just suprise you!

The Prices of Listed vs Sold homes in North Vancouver might just surprise you! The Real Estate Board of Greater Vancouver’s graphs let you compare homes listed to homes for sale in neighborhoods throughout Greater Vancouver. The charts also show overall activity in the areas and trends.

The Prices of Listed vs Sold homes in North Vancouver might just surprise you! The Real Estate Board of Greater Vancouver’s graphs let you compare homes listed to homes for sale in neighborhoods throughout Greater Vancouver. The charts also show overall activity in the areas and trends.

Listed vs Sold

Units listed is the number of homes listed for sale in that month.

Units sold is the number of homes sold in that month.

Active listings is the number of homes listed for sale in that month plus the number of homes previously listed that haven’t sold yet.

Looking over the data from 2016 you can see a variation in the supply and demand on the North Shore. The saturated home market in the Fall has left a large number of homes available for sale in the first quarter of 2017 and therefore brought the market back to equilibrium. There are a ton of homes on the market available for re-position. With such a high supply in North Vancouver it is more likely for buyers to get their asking price and avoid costly battles with other first time home buyers or real estate investors.

We can assume that at this stage the market is ready for smart investors looking to get ahead start and see real growth in their portfolios in the coming year. Why wait for the real estate market to get red hot before making your next move, act today and increase your potential substantially for a more profitable 2017.

Source: Listed vs Sold | Real Estate Board of Greater Vancouver

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