INDIAN RIVER REAL ESTATE

The Wigwam Inn, c 1940, Indian River. Courtesy North Vancouver Museum and Archives.

Indian River is a recently developed area on the eastern side of Mount Seymour. It is a growing community and there are still thousands of acres of land which could be developed in the future, dependent on the District of North Vancouver’s development plans for the eastern Seymour Area. Indian River is a peaceful and quiet area with a mix of townhouses and single family homes. There is one elementary school (Dorothy Lynas Elementary). Some properties offer views of the remote and beautiful Indian Arm which is only accessible by boat or plane.

INDIAN RIVER HOUSE SALES STATISTICS (in 2010)

Number of houses sold in 2010 26
Average sales price $857,903
Average listing price $883,969
Average price per square foot $349.89
Average time listings on market before selling 48 days *
Average house size in square feet 2653
Average number of bedrooms 4
Average number of bathrooms 3
Age of oldest house sold 1969
Age of newest house sold 2009
Number of new builds sold 0
The lowest priced house sold $872,500
The highest priced house sold $1,175,000
*Days on the market before selling does not include previous times the house was listed. For Example a house could be listed for three months and expired, relisted with a different Realtor and sold within 30 days.

INDIAN RIVER APARTMENT SALES STATISTICS (in 2010)

Number of apartments sold in 2010 13
Average sales price $559,045
Average listing price $570,923
Average price per square foot $348.06
Average time listings on market before selling 105 days *
Average apartment size in square feet 1734
Average number of bedrooms 2
Average number of bathrooms 2
Age of oldest apartment sold 1986
Age of newest apartment sold 2010
Number of new builds sold 2
The lowest priced apartment sold $268,000
The highest priced apartment sold $890,000
*Days on the market before selling does not include previous times the apartment was listed. For Example a apartment could be listed for three months and expired, relisted with a different Realtor and sold within 30 days.