Blog by Michael Giesbrecht

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Ambleside Single Family Home Update

ambleside pier.jpg

According to the Housing Price Index, single family home values in Ambleside dropped 16% from September 2016 to January 2017.  Since then, they have recovered about 2% of that.
Right now there are 49 homes for sale in Ambleside, ranging in asking price from $1,885,000 to $7,888,000.  The average asking price is $3,638,970.  There have been 22 sales in the last 90 days, with the average sale price being $3,345,997 and the median sale price coming in at $3,224,000.  With 9 sales in April and 49 currently on the market, there is a little over 5 months' worth of inventory.  We have moved from a sellers' market to a balanced market in many areas, including West Vancouver's Ambleside.



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