Westlynn Terrace, North Vancouver Market Report – May 2023

In May 2023, the Westlynn Terrace, North Vancouver real estate market is classified as a Seller's Market with an absorption rate of 23.1%. It is currently a seller's market in Westlynn Terrace, North Vancouver. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

3 properties sold in Westlynn Terrace, North Vancouver during May 2023 based on MLS® records. There were 13 active listings at the start of the month. A total of 3 new listings came to market during the month.

The average sold price in Westlynn Terrace, North Vancouver in May 2023 was $2,523,000. Sold prices ranged from $2,320,000 to $2,650,000. Data is sourced from MLS® board records.

In May 2023, properties in Westlynn Terrace, North Vancouver averaged 7 days on the market before selling. With an absorption rate of 23.1%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average sold price in Westlynn Terrace, North Vancouver in May 2023 was $2,523,000, up 38.6% year-over-year compared to May 2022 ($1,820,000). Sales volume was up 50% compared to the same month last year. Data is sourced from MLS® sold records.