CONDO JANUARY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 7 % UP
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 40 %
7 % DOWN
15 % UP
46 % UP
The number of condo listings in North Vancouver decreased to 230 in January, 9% lower month-over- month and 7% below January 2020. Condo sales were 26% lower month-over-month, at 92, but increased 46% year-over-year. The sales-to-listings ratio decreased to 40%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $591,400, was 1.0% higher month-over-month and 6% higher year-over-year. The average sold price of $708,657 was down 0.9% vs December, while at $828, the average PSF sales price was 2% higher month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 252 124 49%
% Change
No. 246
% Change
TOTAL LISTINGS
230
-9%
-7% 46% 56%
TOTAL SALES
92
-26% -19%
63
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
40%
26%
$591,400 $585,800 $708,657 $714,952
1.0% $558,300 -0.9% $616,898
6%
15%
$828
$808
2%
$773
7%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$591,400
$558,300 $584,800 $577,200 $582,600 $586,300 $585,300
503
429
420
321
311
230
246
140
128
120
99
92
63
54
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
20
53
2 bdrms
125
36
<2 bdrms
. . . . 0 0 0 0 QD QD
85
S-L RATIO SALES INVENTORY
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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