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Upper Lonsdale 2010 First Quarter Average Sale Prices Increase Over 53.9% Over Same Period For 2009

Upper Lonsdale real estate sale prices increase by over 50% while total sale increase by 233% in first quarter of 2010 over 2009 first quarter

FOR IMMEDIATE RELEASE

 
Upper Lonsdale Real Estate Specialist, Kevin Lynch
Upper Lonsdale Real Estate Specialist, Kevin Lynch
PRLog (Press Release) - Apr 18, 2010 -
North Vancouver, Upper Lonsdale:

Upper Lonsdale average sale prices increased by nearly 54% in the first quarter over 2009 for the same period.  Total sales increased by over 230% to 14 sales in the first quarter of 2010, up from 6 for the same period in 2009.

The average sale price for the period increased by roughly $435,000, up from $765,150 in 2009 to $1,201,714 in 2010.  Through the first quarter 2009 sales sold at 95% of their list prices and took an average of 18 days to sell; 2010 first quarter sales sold at 99% of their list prices and took and took 25 days to sell.

The average home sold in 2009 for the period had 3 bedrooms, two bathrooms and nearly 2,400 square feet; the 2010 average home sold had 4 bedrooms, 3 bathrooms and 3,065 square feet.

March Upper Lonsdale sales increase 300% over February, on par with January and 200% higher than sales for the same month in 2009.  The average home sold for the month in 2009 had 4 bedrooms, 2 bathrooms, 2,675 square feet, was listed at $805,633 and sold for $783,333 (97% of list price) and sold in 9 days.  The average 2010 March sale had 4 bedrooms, 3 bathrooms, 3,120 square feet, a list price of $1,206,166 and sold for $1,203,333 (99.7% of list price) and also sold in 9 days.

Upper Lonsdale has a healthy inventory with 26 active listings available with the average home for sale  having a price of $1,178,000, 4 bedrooms, 3 bathrooms, and 3,207 square feet.  The average duration of time on the market is 49 days.

Kevin Lynch has been an active realtor in Vancouver and the North Shore for roughly 20 years.  He has won many industry sales awards, published dozens of news articles and featured in magazines, showcased on local and national TV and spoken in front of audiences of over 500 people.  Kevin is one of North Vancouver's premier Realtors, lives and specializes in Upper Lonsdale.

Kevin Lynch
Upper Lonsdale Real Estate Specialist
Sutton Group West Coast Realty
604.307.9448
info@kevin-lynch.com

Photo:
http://www.prlog.org/10633290/1

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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 Email Verified
Source:Kevin Lynch
Phone:604-307-9448
Fax:604-986-9122
Address:100-899 Harbourside Drive, North Vancouver
City/Town:North Vancouver
State/Province:British Columbia
Country:Canada
Industry:Real Estate, Business, Family
Tags:upper lonsdale homes for sale, upper lonsdale real estate, , , kevin lynch, sutton group
Last Updated:Apr 18, 2010
Shortcut:http://prlog.org/10633290
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