CONDO - DECEMBER 2020 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 55 %
3 % UP
0.1 % DOWN
18 % UP
68 % UP
The number of condo listings in North Vancouver decreased to 227 in December, 44% lower month- over-month but 18% above December 2019. Condo sales were 3% lower month-over-month, at 124, but increased 68% year-over-year. The sales-to-listings ratio increased to 55%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $585,800, was 0.1% higher month-over-month and 6% higher year-over-year. The average sold price of $714,952 was down 0.5% vs November, while at $808, the average PSF sales price was 3% higher month-over-month.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 409 128 31%
% Change
No. 193
% Change
TOTAL LISTINGS
227 124 55%
-44% -3% 75%
18% 68% 42%
TOTAL SALES
74
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
38%
$585,800 $585,300 $714,952 $718,780
0.1% $552,200 -0.5% $695,254
6% 3%
$808
$786
3%
$809
-0.1%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$583,600 $588,900 $585,800
$552,200 $574,000 $574,500 $575,000
481
470
379
294
287
227
193
142
124
110
99
92
74
45
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
10
3+ bdrms
BUYER'S MARKET
17
63
2 bdrms
129
51
<2 bdrms
. . . . 0 0 0 0 QD
83
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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