northvancouver DETACHED-AUGUST 2021
SALESTO LISTINGSRATIO 46% SELLERS'MARKET
▶ MARKETSUMMARY Therewere156detachedlistingsinNorthVancouverin August,20%belowJulyand45%lowerthanAugust 2020. Augustdetachedhomesalesremainedthesame0 month-over-month,to71,andwere30%belowAugust 2020. Thesales-to-listingratiofordetachedinNorth Vancouver,at46%,reflectedaselers'market.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 15% VS2020
▲ 9% VS2020
▼ 45% VS2020
▼ 30% VS2020
THISMONTH No. $2,094,438 $1,880,000 46% 71 156
PREVIOUSYEAR
PREVIOUSMONTH
No. 36% 102 284
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
15% 9% 27% -30% -45%
$2,231,676 $1,890,000 36% 71 195
-6% -0.5% 25% 0% -20%
ThedetachedmedianpriceinAugustwas$1,880,000,a 0.5%decreasefromJulyand9%aboveAugust2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,094,438,6%belowlast monthanddown15%toAugust2020.
$1,822,368 $1,717,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
284
266
245
242
276
1.89
203
197
225
1.73
1.70
195
1.62
183
1.56
174
129
127
1.47
156
18
145
128
127 127
102
92
88
71
80
71
46
$1.91M $1.95M
$1.94M
$1.93M
$1.88M
$1.89M
$1.88M
$1.84M
$1.79M
$1.77M
$1.76M
$1.74M
$1.72M
Aug-20
Jul-21
Aug-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%+
97%
40
75%
30
46%
20
31%
10
12%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 0 n/a
1 0 n/a
2 3 150%
8 6 75%
33 32 97%
35 16 46%
26 8 31%
49 6 12%
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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