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Dundarave Real Estate Market Finally Moving.

After a few extremely slow months, Dundarve West Vancouver has some sales.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jan 29, 2009 -
DUNDARAVE WEST VANCOUVER - Dundarave has 34 of West Vancouver's 412 active listings.  The average price for detached houses in the area is $2.42 m, with a low of $989,000, and a high of $12.8m.  There are currently 2 houses listed under $1m and 20 listed between $1.09m, and $1.99m.  There are 8 active listings between $2m and $3m, and only two active listings from $3m to $4m.

There have been 8 listings with price reductions in the $1m to $3m range.  There are 3 active listings which are in a higher price category and have not been reduced.  They are listed at $4.9m, nearly $7.5m, and $12.8m respectively.

The average price reduction was $173,000 with a low of $51,000, and a high of $300,000.

There have been 3 sales on the month, one of which reduced their price by $351,000.  Their sales ranged between $1.2m and $2.95m, with an average sale price of $1.79m.  
Sold property average square footage was 3,427 square feet. The most common number of bedrooms are 4, and bathrooms 3.5.

About Kevin Lynch

Kevin Lynch is a local real estate expert with nearly 20 years of sales and marketing it the local real estate industry. He has sold hundreds of homes over the years, has received many industry awards for his sales achievements and lives to serve and help others. He is a ‘pay it forward’ advocate and continuously looks for new inspiring models for giving back.

Copyright protected. You may use this article in full without adjustments or changes of any kind including title, links, copy and disclaimers. Should you wish to re-write or adjust for your own purposes, you may do so only if you refer to Kevin Lynch and include a web site link to this page. Should media want to contact me for an interview or to discuss markets, you can reach me here.

All statistics indicated, inferred and supplied herein are approximate and are for informational purposes only. The enclosed information while deemed correct is not guaranteed.  This information does not replace a home estimate, property appraisals or other professional services. All parties are strongly advised to do their own research prior to making any real estate related decisions including (but not limited to) having multiple, comprehensive home and market estimates, surveys, inspections, appraisals and legal advice. Not intended to induce or cause breach of an existing relationship.


Kevin Lynch
Sutton Group West Coast Realty
604-307-9448
http://www.realestatenewsvault.com

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Vancouver's top real estate news resource for buyers, seller, media and press, realtors and investors. Kevin Lynch is Vancouver's premier real estate agent helping people realize their home ownership and real estate investment dreams.

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Contact Email:
***@kevinlynchrealestate.com
Source:Kevin Lynch
Phone:604-307-9448
Fax:604-986-9122
Address:100-899 Harbourside Drive, North Vancouver
State/Province:British Columbia
Country:Canada
Industry:Family, Home, Real Estate
Tags:, ,
Last Updated:Jan 29, 2009
Shortcut:http://prlog.org/10174663
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