northvancouver TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 73% SELLERS'MARKET
▶ MARKETSUMMARY Therewere52townhomelistingsinNorthVancouverin August,16%belowJulyand54%lowerthanAugust 2020. Augusttownhomesalesincreasedby19% month-over-month,to38,andwere16%belowAugust 2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at73%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$1,277,500,a 6%increasefromJulyand21%aboveAugust2020. Theaveragesoldpricewas$1,255,887,3%belowlast month;theaveragePSFsalepricewas$787,down7%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 25% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2020
▲ 21% VS2020
▼ 54% VS2020
▼ 16% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
38 52
$630 $1,057,224 $1,060,000 40% 45 113
25% 19% 21% 84% -16% -54%
32 62
42% 19% -16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$787 $1,255,887 $1,277,500 73%
$732 $1,288,780 $1,208,500 52%
7% -3% 6%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
121
13
104
94
88 86
100
76
75
72
77
73
57
68
67
62
52 38
59
45
38
51
42
37
34
32
$1.28M
$1.20M
$1.21M
$1.19M
$1.18M
$1.16M $1.16M
$1.15M
$1.09M
$1.06M
$1.05M
$1.04M
$981K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
20
8
100%+
100%+
4+bdrms
11
15
17
57%
3bdrms
55% 53%
29
10
13
5
2bdrms
7
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
3 4 133%
7 4 57%
4 10 250%
20 11 55%
17 9 53%
1 0 n/a
5
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 27 ●
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