TOWNHOME - DECEMBER 2020 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
6 % UP
81 % UP
SELLER’S 57 %
At 67, the number of townhome listings in North Vancouver was 40% below last month and 4% lower vs December 2019. The 38 townhome sales in December were up 12% from November and 81% higher vs December 2019. The sales-to-listings ratio rose to 57%, as North Vancouver’s townhome market remained favourable to sellers. December’s benchmark price was $1.01M, decreas- ing 2% from November but 9% higher vs last year. The average sold price was $1.09M (1.5% above November) while the average PSF sales price was $699 (an 11% increase from November).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 111
% Change
No.
% Change
TOTAL LISTINGS
67 38
-40% 12% 85%
70 21
-4% 81% 89%
TOTAL SALES
34
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
57%
31%
30%
$1,010,000 $1,031,400
-2% $924,800
9% 6% 8%
$1,093,539 $1,077,112 1.5% $1,031,182
$699
$632
11%
$646
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$983,200 $989,000 $1,014,900 $1,026,400 $1,010,000
$924,800 $947,400
132
117
109
104
87
67
70
57
45
39
38
26
21
8
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S-L RATIO
SALES TOTAL INVENTORY
8
4+ bdrms
13
SELLER'S MARKET
BALANCED
BUYER'S MARKET
18
3 bdrms
35
12
<3 bdrms
. . . . 0 0 0 0 QD QD QD
19
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 January 6, 2021. 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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