the rennie review - July 2022

north vancouver TOWNHOME-JUNE 202

SALES TO LISTINGSRATIO 57% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 24% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 18% VS 2021

▲ 15% VS 2021

▼ 3% VS 2021

▼ 32% VS 2021

Therewere70 townhom elistingsin N orth Vancouverin June,11% aboveM ayand 3% lowerthan June2021. Junetownhom esalesincreased by8% m onth-over-m onth,to40,and were32% below June 2021. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at57% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$1,377,500,a 4% increasefrom M ayand 15% aboveJune2021. Theaveragesold pricewas$1,420,708,4% abovelast m onth;theaveragePSF salepricewas$899,up 0.4% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

40 70

59 72

24% 18% 15% -30% -32% -3%

37 63

0.4% 4% 4% -3% 8% 11%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$899 $1,420,708 $1,377,500 57%

$727 $1,208,483 $1,200,000 82%

$896 $1,368,324 $1,330,000 59%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

72

70

63

59

58

55

62

51

48

48

52

39

38

45

40

33

39

38

29

37

36

32

30

25

18

16

$1.34M $1.38M $1.38M $1.40M $1.35M $1.33M $1.38M

$1.29M $1.28M $1.29M

$1.20M $1.21M $1.28M

NORTH VANCOUVER REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

3

100%+

25

4+ bdrms

13

20

68%

27

3 bdrms

15

32

50%

50%

46% 48%

10

9

2 bdrms

5

17

0

1

<$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 0 n/a

2 1 50%

4 5 125%

13 6 46%

27 13 48%

19 13 68%

4 2 50%

8

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