north vancouver TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 61% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere56 townhom elistingsin N orth Vancouverin August,15% below Julyand 33% lowerthan August 2022. Augusttownhom esalesincreased by36% m onth-over-m onth,to34,and were89% aboveAugust 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at61% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$1,426,000,a 7% increasefrom Julyand 12% aboveAugust2022. Theaveragesold pricewas$1,366,128,5% abovelast m onth;theaveragePSF salepricewas$908,up 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2022
▲ 12% VS 2022
▼ 33% VS 2022
▲ 89% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
34 56
18 83
6% 11% 12% 180% 89% -33%
25 66
60% 36% -15%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$908 $1,366,128 $1,426,000 61%
$859 $1,235,360 $1,272,500 22%
$882 $1,306,008 $1,330,000 38%
3% 5% 7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
90
83
68
67
66
63
56
61
47
32 56
54
41
52
34
32
19
25
18
23
21
20
14
12
$1.35M $1.37M $1.33M $1.43M
$1.34M $1.30M $1.38M $1.39M $1.32M
$1.27M $1.18M $1.25M $1.20M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
6
100%+
20
4+ bdrms
15
77%
15
67%
17
58%
3 bdrms
21
50%
10
36%
9
2 bdrms
5
19
0
2
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
1
S-L RATIO SALES INVENTORY
2 1 50%
4 6 150%
12 7 58%
22 8 36%
13 10 77%
3 2 67%
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