Lynn Valley Real Estate Market Analysis – December 2019

December 2019 Sales Recap

Single Family Homes:

  • There were 6 detached homes sold in December with an average sale price of $1,923,039 (median = $1,825,000)
  • The average sale price achieved was less than list price by 5.87%
  • Detached homes that sold in December took an average of 116 days to sell (median = 90)


Apartments and Townhouses:

  • There were 3 attached homes sold in December with an average sale price of $670,833 (median = $685,000)
  • The average sale price achieved was less than list price by 4.57%
  • Attached homes that sold in December took an average of 59 days to sell (median = 57 days)

 

Find out more about the December Greater Vancouver stats here

Lynn Valley Real Estate Market Analysis – November 2019

November 2019 Sales Recap

Single Family Homes:

  • There were 14 detached homes sold in November with an average sale price of $1,560,321 (median = $1,489,000)
  • The average sale price achieved was more than list price by 1.13%
  • Detached homes that sold in November took an average of 82 days to sell (median = 13)

Apartments and Townhouses:

  • There were 9 attached homes sold in November with an average sale price of $695,322 (median = $791,500)
  • The average sale price achieved was less than list price by 1.90%
  • Attached homes that sold in November took an average of 71 days to sell (median = 9 days)

Find out more about the November Greater Vancouver stats here

Lynn Valley Real Estate Market Analysis – October 2019

October 2019 Sales Recap

Single Family Homes:

  • There were 14 detached homes sold in October with an average sale price of $1,479,257 (median = $1,358,500)
  • The average sale price achieved was more than list price by 2.19%
  • Detached homes that sold in October took an average of 90 days to sell (median = 52)

Apartments and Townhouses:

  • There were 2 attached homes sold in October with an average sale price of $791,500 (median = $791,500)
  • The average sale price achieved was less than list price by 1.98%
  • Attached homes that sold in October took an average of 24 days to sell (median = 24 days)

 

Find out more about the October Greater Vancouver stats here

Lynn Valley Real Estate Market Analysis – September 2019

September 2019 Sales Recap

Single Family Homes:

  • There were 12 detached homes sold in September with an average sale price of $1,559,083 (median = $1,503,000)
  • The average sale price achieved was less than list price by 1.95%
  • Detached homes that sold in September took an average of 43 days to sell (median = 7)

Apartments and Townhouses:

  • There were 9 attached homes sold in September with an average sale price of $759,277 (median = $723,000)
  • The average sale price achieved was less than list price by 2.36%
  • Attached homes that sold in September took an average of 87 days to sell (median = 69 days)

 

Click here to find out more about the REBGV stats

Lynn Valley Real Estate Market Analysis – August 2019

August 2019 Sales Recap

Single Family Homes:

  • There were 4 detached homes sold in August with an average sale price of $1,434,250 (median = $1,431,000)
  • The average sale price achieved was more than list price by 0.90%
  • Detached homes that sold in August took an average of 47 days to sell (median = 39)

Apartments and Townhouses:

  • There were 5 attached homes sold in August with an average sale price of $826,360 (median = $795,000)
  • The average sale price achieved was less than list price by 2.01%
  • Attached homes that sold in August took an average of 53 days to sell (median = 62 days)

 

Find out more about the August Greater Vancouver stats here

Life Learning

We have an idea. There are great partners in Lynn Valley – we have a wealth of experience and knowledge between our hills and we want to share it with our community. Starting this Fall, we will be leveraging the knowledge of our neighbours and sharing it around with a series of workshops at the Legion.

 

Who

We want to share and discuss topics that are relevant to you. We know our community is diverse. We have families just starting out. We have couples working and playing hard. We have parents supporting their children and taking care of their own aging parents. We have seniors who have called this place home for decades. We have immigrants diversifying Lynn Valley’s future. While every topic might not be for you, our aim is to have a topic for everyone.

What

There is a lot going on in Lynn Valley and we will try to offer something for everyone. Our goal is to provide these workshops and experiences for free or very low cost.

When

We are going to start slow and do this smart. Our goal is to have Life Learning sessions that will take place throughout the Fall and Winter.

Where

We are partnering with the Lynn Valley Legion to use their well appointed facilities, with space, audiovisual equipment, free parking and fantastic walkable location it is the perfect place to launch a community program.

How

We’d like to tailor these workshops to you so feel free to share your ideas with us HERE as we get started in this process.

 

Lynn Valley Real Estate Market Analysis – July 2019

July 2019 Sales Recap

Single Family Homes:

  • There were 15 detached homes sold in July with an average sale price of $1,370,751 (median = $1,400,000)
  • The average sale price achieved was less than list price by 3.29%
  • Detached homes that sold in July took an average of 42 days to sell (median = 31)

Apartments and Townhouses:

  • There were 8 attached homes sold in July with an average sale price of $638,125 (median = $623,500)
  • The average sale price achieved was less than list price by 2.02%
  • Attached homes that sold in July took an average of 29 days to sell (median = 8 days)

Find out more about the July Greater Vancouver stats here

Highway Interchange Update

Some big progress is taking shape on the Highway and Mountain Highway/ Keith Road intersections. We’re excited to see some of these new improvements in use soon. For example, the new bridge connecting the Seymour area to Lynn Valley, removing the need to get on and off the Highway heading westbound.


Cranes positioning girder for installation

A new onramp from Mountain Hwy onto the highway heading westbound is also coming along nicely and will ease the pressure off the Lynn Valley Road onramp. Highway 1 will also be widened with the construction of additional lanes including the construction of two 2-lane bridges on either side of the existing 4-lane Lynn Creek Bridge.

The Mountain Highway/Lynn Creek, Keith Road/Seymour Parkway and Main Street/Dollarton Highway Interchanges will be upgraded in four phases. Improvements will address safety, queuing and delays and will help to improve travel times along Highway 1 and the Lower Lynn Interchanges.