TOWNHOME - FEBRUARY 2020 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
37 % DOWN
1.0 % DOWN
4 % DOWN
0.6 % DOWN
8 % UP
SELLER’S 37 %
At 70, the number of townhome listings in North Vancouver were down 13% vs last month and 37% below February 2019. The 26 townhome sales in February were up by 15 from January and 2 above February 2019. The sales-to-listings ratio jumped to 37%, as North Vancouver’s townhome market became favourable to sellers. February’s benchmark price was $951,100, rela- tively unchanged from January and down 0.6% from February of last year. The average sold price was $974,677 (0.5% above January) while the average PSF sales price was $628 (relatively unchanged from January).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 111
% Change
TOTAL LISTINGS
70 26
80 11
-13% 136% 170%
-37%
TOTAL SALES
24
8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
37%
14%
22%
72%
$951,100 $947,400 $974,677 $970,208
0.4% $956,500 0.5% $984,938
-0.6% -1.0%
$628
$626
0.3%
$655
-4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$956,500 $947,000 $946,600 $960,200 $936,300 $928,500 $951,100
155
148
135
113
111
70
70
38
29
29
27
26
24
21
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
BUYER'S MARKET
4+ bdrms
14
18
3 bdrms
37
5
<3 bdrms
. . . . 0 0 0 0 QD QD QD
19
S-L RATIO SALES INVENTORY
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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