north vancouver DETACHED -AUGUST 2023
SALES TO LISTINGSRATIO 19% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2022
▲ 27% VS 2022
▼ 6% VS 2022
▼ 14% VS 2022
Therewere193 detached listingsin N orth Vancouverin August,0.5% aboveJulyand 6% lowerthan August2022. Augustdetached hom esalesdecreased by38% m onth-over-m onth,to36,and were14% below August 2022. Thesales-to-listing ratio fordetached in N orth Vancouver,at19% ,reflected abalanced m arket.
THISMONTH No. $2,322,972 $2,335,000 19% 36 193
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,120,667 $1,835,000 20% 42 205
10% 27% -9% -14% -6%
$2,292,138 $2,070,500 30% 58 192
1.3% 13% -38% -38% 0.5%
Thedetachedm edian pricein Augustwas$2,335,000,a 13% increasefrom Julyand 27% aboveAugust2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,322,972,1.3% abovelast m onth and up 10% toAugust2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
236
210
210
195
205
193
1.82
192
160
1.74
1.65
1.64
170
161
1.56
1.44
105
133
122
89
17
64
62
55
78
47
58
42
36
50
18
25
$2.34M
$2.20M $2.07M
$2.14M $2.25M
$2.01M $1.93M $1.91M
$1.86M $1.86M $1.99M
$1.84M $1.85M
22-Aug
23-Jul 23-Aug
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
60
50
40
30
20
27%
26%
24%
10
7%
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
3 0 n/a
1 0 n/a
3 0 n/a
42 10 24%
48 13 27%
35 9 26%
61 4 7%
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