northvancouver CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 83% SELLERS'MARKET
▶ MARKETSUMMARY Therewere162condolistingsinNorthVancouverin February,22%aboveJanuaryand26%lowerthan February2021. Februarycondosalesincreasedby55% month-over-month,to135,andwere4%belowFebruary 2021. Thesales-to-listingratioforcondosinNorthVancouver, at83%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$807,000,a 0.9%increasefromJanuaryand12%aboveFebruary 2021. Theaveragesoldpricewas$901,152,5%abovelast month;theaveragePSFsalepricewas$1,005,up7%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2021
▲ 12% VS2021
▼ 26% VS2021
▼ 4% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 64% 141 220
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
83% 135 162
19% 18% 12% 30% -4% -26%
$938 $859,365 $800,000 65% 87 133
7% 5% 0.9% 27% 55% 22%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,005 $901,152 $807,000
$844 $765,489 $720,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
277
293
267
248
244
206
220
202
222
178
208
208
135 162
137
171
135
132
133
141
135
15
104
99
87
$807K
$800K
$755K
$745K
$720K
$710K
$702K
$700K
$705K
$697K
$682K
$670K
$675K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%
100%+ 100%+
96%
4+bdrms
2
40
67%
12
30
3bdrms
15
20
27%
75
2bdrms
17%
10
95
0
48
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
17 17 100%
42 50 119%
26 28 108%
25 24 96%
12 8 67%
24 4 17%
15 4 27%
50
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