north vancouver CONDO -AUGUST 2023
SALES TO LISTINGSRATIO 42% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 12% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2022
▲ 17% VS 2022
▼ 1.0% VS 2022
▲ 41% VS 2022
Therewere205 condolistingsin N orth Vancouverin August,7% below Julyand 1.0% lowerthan August2022. Augustcondosalesdecreased by12% m onth-over-m onth,to86,and were41% aboveAugust 2022. Thesales-to-listing ratio forcondosin N orth Vancouver, at42% ,reflected aselers'm arket. Thecondom edian pricein Augustwas$821,000,a2% increasefrom Julyand 17% aboveAugust2022. Theaveragesold pricewas$849,613,3% abovelast m onth;theaveragePSF salepricewas$983,up 3% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$983 $849,613 $821,000 42% 86 205
$877 $760,078 $700,129 29% 61 207
12% 12% 17% 42% 41% -1%
$950 $824,404 $804,900 44% 98 221
3% 3% 2% -5% -12% -7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
243
272
264
225
221
21 212
202
205
213
209
207
127
158
121
1
88
79
10
86
98
61
76
62
57
45
$805K
$800K $787K $780K $790K $805K $821K
$795K $739K
$716K
$700K $712K
$653K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
4+ bdrms
50
2
77%
40
6
59%
3 bdrms
30
21
48%
44%
20
27%
47
2 bdrms
112
10
0
33
<$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
0 1 n/a
22 13 59%
59 26 44%
46 22 48%
22 17 77%
26 7 27%
9 0 n/a
21 0 n/a
70
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