DETACHED AUGUST north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
SELLER’S 32 %
16 % DOWN
9 % UP
61 % UP
The 317 detached listings in North Vancouver in August were down 2% from July and 16% below August 2019. The 103 detached sales in August represented a 2% increase vs July and were 61% above August 2019. The sales-to-listings ratio increased to 32%, as North Vancouver’s detached segment remained a seller’s market. The detached benchmark price in August was $1.61M—up 0.9% month-over-month and 9% above this time last year. The average sold price was $1.81M in August, 12% below July but 9% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 325 101 31%
% Change
No. 379
% Change
TOTAL LISTINGS
317 103 32%
-2%
-16% 61% 92%
TOTAL SALES
2% 5%
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SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
$1,614,900 $1,601,000 0.9% $1,475,200 $1,810,063 $2,048,723 -12% $1,661,468
9% 9%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.61
$1.56
$1.55
$1.55
$1.51
$1.48
$1.47
1.74
1.73
1.72
1.60
1.59
1.54
379
375
344
317
288
274
209
103
89
84
71
64
56
38
Aug-19
Jul-20
Aug-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of September 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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