
Foreign investment, along with low inventory levels, are keeping the prices of Detached homes on the Westside of Vancouver at peak levels. Year to date, 35% of all detached homes sold were priced over $2 million. Foreign investors are buying homes on larger lots, and "lot value" properties with large lots, with emphasis on location within certain school boundaries. The median price of detached homes sold to date is $1,778,500, with median days on the market being 13. If you are contemplating selling, call Diane at 604-261-9311 for an indepth market analysis of the value of your home in today's market.