the rennie review - September 2019

TOWNHOME - AUGUST 2019 north vancouver

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 7 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

8 % DOWN

0.1 % DOWN

3 % UP

16 % UP

SELLER’S 27 %

At 107, the number of townhome listings in North Vancouver was down 20% vs last month, however this was 3% above August 2018. The 29 townhome sales in August were up by 1 from July and 4 above August 2018. The sales-to-listings ratio rose to 27%, as North Vancouver’s townhome market remained a seller’s market. August’s benchmark price was $960,200, 1.7% above July but down 7% from August of last year. The average sold price was $961,612 (4% below July) while the average PSF sales price was $592 (3% lower vs July).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 134

% Change

No. 104

% Change

TOTAL LISTINGS

107

-20%

3%

TOTAL SALES

29

28

4%

25

16% 13% -7%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

27%

21%

30%

24%

$960,200 $944,100 $961,612 $1,001,079

1.7% $1,030,100 -4% $962,532

-0.1%

$592

$613

-3%

$643

-8%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$1,030,100 $1,026,400 $994,300 $956,500 $947,000 $946,600 $960,200

155

147

121

111

107

104

97

29

29

27

25

24

23

20

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



2

4+ bdrms



BUYER'S MARKET

20





21





3 bdrms

51









6

 



<3 bdrms

. . . . 0 0 0 0 QD       QD                

36

S-L RATIO SALES INVENTORY

Current as of September 2, 2019. All data from the Real Estate Board of Greater Vancouver and Fraser Valley. The information set out herein (the “Information”) is intended for informational purposes only. RAR & RMS has not verified the information and does not represent, warrant or guarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipientmaydeemnecessary toverify the informationprior toplacinganyrelianceupon the information.The informationmaychangeandanypropertydescribed in the informationmaybewithdrawn from themarketatany timewithoutnoticeorobligation to therecipient fromRAR&RMS. 27

Made with FlippingBook - professional solution for displaying marketing and sales documents online