DETACHED - FEBRUARY 2020 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
SELLER’S 27 %
31 % DOWN
6 % UP
92 % UP
The 263 detached listings in North Vancouver in February were up 3% from January but 31% below February 2019. The 71 detached sales in February were up by 196% vs January and were 92% above February of last year. The sales-to-listings ratio jumped to 27%, as North Vancouver’s detached segment transitioned to sell- er’s market territory. The detached benchmark price in February was $1.55M—0.6% higher month-over-month and 3% above this time last year. The average sold price was $1.75M in February, 19% below January but up 6% year-over-year.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 256
% Change
No. 383
% Change
TOTAL LISTINGS
263
3%
-31% 92% 179%
TOTAL SALES
71
24 9%
196% 188%
37
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27%
10%
$1,546,400 $1,536,800 0.6% $1,500,600 $1,745,153 $2,156,917 -19% $1,639,203
3% 6%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.55
$1.52
$1.51
$1.51
$1.50
$1.48
$1.47
1.71
1.70
1.66
1.63
1.62
1.57
454
452
383
375
379
263
209
89
82
71
64
56
53
37
Feb-19
Jan-20
Feb-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 4, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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