Press Release: North Vancouver, Upper Lonsdale
Upper Lonsdale real estate market keeps pace with last years total detached home sales while average sale prices decline roughly $150,000.
Local Upper Lonsdale Expert and Community Realty reports low sales activity in 2024. The year saw a few swings in activity levels. Ytd, there have been 70 sales on MLS ranging in sale prices from $1.35M to $3.54M; 19 sales under $2M; 49 sales in the $2Ms and two sales in the low $3ms; the average sales price $2.211M; the median sales price $2.186M
Kevin Lynch, local Specialist reports strong optimism for 2025 noting interest rate drops could spur on new levels of activity.
Compared to 2023 Upper Lonsdale Sales:
There were 67 sales in 2023 with the median price of those sales; 23 under $2M; 32 between $2M and $3M; one just over $4M and one at $5M. The average sale price was $2,360,000 and the median sale price was $2,225,000.