north vancouver DETACHED -JUNE 202
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.4% VS 2021
▲ 5% VS 2021
0.0% VS 2021
▼ 47% VS 2021
Therewere242 detached listingsin N orth Vancouverin June,11% aboveM ayand nochangetoJune2021. Junedetached hom esalesdecreased by20% m onth-over-m onth,to63,and were47% below June 2021. Thesales-to-listing ratio fordetached in N orth Vancouver,at26% ,reflected aselers'm arket.
THISMONTH No. $2,157,936 $2,025,000 26% 63 242
PREVIOUSYEAR
PREVIOUSMONTH
No. 49% 118 242
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1.4% 5% -47% -47% 0%
$2,307,677 $2,200,000 36% 79 219
-28% -20% 11%
Thedetachedm edian pricein Junewas$2,025,000,a8% decreasefrom M ayand 5% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,157,936,6% below last m onth and up 1.4% toJune2021.
-6% -8%
$2,127,333 $1,925,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
242
198
219
1.76
178
1.71
195
1.651.63
1.60
143
127
157
156
1.47
18
135
17
78
95
93
92
79
79
79
63
71 71
71
56
37
$2.32M $2.27M $2.20M
$2.15M $2.20M
$2.15M $2.20M $2.25M $2.30M
$2.03M
$1.93M $1.89M $1.88M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
70
60
50
40
50%
30
42%
33%
20
23%
10
3%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
1 0 n/a
0 1 n/a
6 3 50%
60 25 42%
66 22 33%
43 10 23%
66 2 3%
Copyright© July5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly5,202 .Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
32
Made with FlippingBook - professional solution for displaying marketing and sales documents online