the rennie review - July 2022

north vancouver CONDO -JUNE 202

SALES TO LISTINGSRATIO 38% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 17% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 23% VS 2021

▲ 18% VS 2021

▼ 5% VS 2021

▼ 29% VS 2021

Therewere253 condolistingsin N orth Vancouverin June,21% aboveM ayand 5% lowerthan June2021. Junecondo salesdecreased by37% m onth-over-m onth, to96,and were29% below June2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No. 51% 135 267

% Change

No. 73% 152 209

% Change

Thesales-to-listing ratio forcondosin N orth Vancouver, at38% ,reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

$999 $896,771 $804,500 38% 96 253

17% 23% 18% -25% -29% -5%

1.3% -1.9% -1.2% -48% -37% 21%

Thecondom edian pricein Junewas$804,500,a1.2% decreasefrom M ayand 18% aboveJune2021. Theaveragesold pricewas$896,771,1.9% below last m onth;theaveragePSF salepricewas$999,up 1.3% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$986 $914,599 $814,400

$857 $728,923 $681,500

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

253

267

248

219

193

222

178

208

208

209 152

162

162

137

135

132

135

135

133

124

15

104

99

96

87

$800K $807K $853K

$788K $814K $805K

$745K $705K $710K $755K

$682K $700K $675K

NORTH VANCOUVER REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

80

2 1

70

4+ bdrms

60

50

4

3 bdrms

40

53%

23

48%

30

38%

36%

35%

28%

56

20

2 bdrms

146

11%

10

0

35

<$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

40 21 53%

76 27 36%

46 22 48%

26 10 38%

20 7 35%

25 7 28%

19 2 11%

82

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