north vancouver TOWNHOME-APRIL 2023
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 0.6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 2% VS 2022
▲ 69% VS 2022
▼ 55% VS 2022
Therewere66 townhom elistingsin N orth Vancouverin April,20% aboveM arch and 69% higherthan April2022. Apriltownhom esalesdecreased by28% m onth-over-m onth,to23,and were55% below April 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at35% ,reflected aselers'm arket. Thetownhom em edian pricein Aprilwas$1,320,000,a 5% decreasefrom M arch and 2% below April2022. Theaveragesold pricewas$1,298,539,4% below last m onth;theaveragePSF salepricewas$874,up 14% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
23 66
51 39
-0.6% -3% -2% -73% -55% 69%
32 55
14% -4% -5% -40% -28% 20%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$874 $1,298,539 $1,320,000 35%
$879 $1,341,508 $1,350,000 131%
$768 $1,353,075 $1,387,500 58%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
80
90
83
63
66
69
51
61
32 55
54
41
40
52
39
37
19
23
21
21
20
18
14
12
$1.35M $1.33M $1.38M $1.30M
$1.34M $1.30M $1.38M $1.39M $1.32M
$1.27M $1.18M $1.25M $1.20M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
3
4+ bdrms
16
20
14
15
3 bdrms
33
50%
10
38% 38% 40%
29%
5
2 bdrms
15
5
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
0 1 n/a
2 1 50%
8 3 38%
8 3 38%
20 8 40%
24 7 29%
4 0 n/a
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