north vancouver CONDO -APRIL 2023
SALES TO LISTINGSRATIO 53% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2022
▼ 0.2% VS 2022
▼ 4% VS 2022
▼ 10% VS 2022
Therewere210 condolistingsin N orth Vancouverin April,1.4% below M arch and 4% lowerthan April2022.
Aprilcondosalesrem ained thesam em onth-over-m onth, at111,and were10% below April2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 57% 124 219
% Change
No. 52% 111 213
% Change
Thesales-to-listing ratio forcondosin N orth Vancouver, at53% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
53% 111 210
-2% -8% -0.2% -7% -10% -4%
7% 2% -1.7% 1.4% 0% -1.4%
Thecondom edian pricein Aprilwas$786,500,a1.7% decreasefrom M arch and 0.2% below April2022. Theaveragesold pricewas$881,383,2% abovelast m onth;theaveragePSF salepricewas$1,036,up 7% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,036 $881,383 $786,500
$965 $862,684 $800,000
$1,060 $954,061 $788,014
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
254
243
272
235
264
213
21
219
202
210
152 209
207
158
1
124
104
1
88
79
96
76
61 57
62
45
$805K
$800K $787K
$795K
$788K $814K $805K
$739K
$723K $700K $712K
$716K
$653K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
50
4+ bdrms
3
80%
40
7
57%
3 bdrms
56% 57%
30
21
46%
20
56
2 bdrms
113
10
13%
10%
0
48
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 0 n/a
28 16 57%
56 45 80%
41 19 46%
27 15 56%
21 12 57%
15 2 13%
21 2 10%
73
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