north vancouver CONDO -MAY 202
SALES TO LISTINGSRATIO 68% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 17% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 26% VS 2021
▲ 23% VS 2021
▼ 29% VS 2021
▼ 18% VS 2021
Therewere207 condolistingsin N orth Vancouverin M ay,5% below Apriland 29% lowerthan M ay2021.
M aycondosalesincreased by14% m onth-over-m onth,to 141,and were18% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 58% 171 293
% Change
No. 57% 124 219
% Change
Thesales-to-listing ratio forcondosin N orth Vancouver, at68% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
68% 141 207
17% 26% 23% 17% -18% -29%
-6% -3% 5% 20% 14% -5%
Thecondom edian pricein M aywas$827,000,a5% increasefrom Apriland 23% aboveM ay2021. Theaveragesold pricewas$925,023,3% below last m onth;theaveragePSF salepricewas$996,down 6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$996 $925,023 $827,000
$1,060 $954,061 $788,014
$850 $731,702 $670,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
293
267
248
219
193
207
222
178
208
208
162
171
137
135
132
133
162
141
135
135
124
15
104
99
87
$800K $807K $853K
$788K $827K
$745K $705K $710K $755K
$670K $682K $700K $675K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
100%+
4+ bdrms
93%
93%
50
3
80%
40
64%
8
3 bdrms
54%
30
16
36%
20
82
21%
2 bdrms
122
10
0
51
<$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 4 400%
27 25 93%
58 37 64%
41 38 93%
24 13 54%
15 12 80%
22 8 36%
19 4 21%
66
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