north vancouver TOWNHOME - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 19% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 3% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 48% VS 2024
▼ 6% VS 2024
▼ 12% VS 2024
▼ 26% VS 2024
There were 105 townhome listings in North Vancouver in February, 30% above January and 48% higher than February 2024. February townhome sales remained the same month-over-month, at 20, and were 26% below February 2024. The sales-to-listing ratio for townhomes in North Vancouver, at 19%, re&ected a balanced market. The townhome median price in February was $1,194,500, a 8% decrease from January and 12% below February 2024. The average sold price was $1,233,500, 9% below last month; the average PSF sale price was $811, down 9% to last month.
THIS MONTH No. $811 $1,233,500 $1,194,500 19% 20 105
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27 71
-12% -50% -26% 48%
20 81
-9% -9% -8% -23% 0% 30%
$838 $1,313,485 $1,349,900 38%
$889 $1,354,920 $1,304,500 25%
-3% -6%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● FEB 2024 ● FEB 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
133
125
121
105
104
118
99
94
87
81
80
71
68
49
38
35
32
26
27
32
31
20
28
24
20
17
$1.42M $1.45M $1.35M
$1.40M $1.30M
$1.34M $1.42M $1.40M
$1.26M $1.31M $1.28M $1.30M
$1.19M
NORTH VANCOUVER
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
40
2
4+ bdrms
29
30
12
3 bdrms
53
58%
20
44%
6
2 bdrms
23
18%
10
<2 bdrms
8%
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
Null
S-L RATIO SALES INVENTORY
2 0 n/a
9 4 44%
12 7 58%
33 6 18%
40 3 8%
4 0 n/a
5 0 n/a
Copyright © 2025 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 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 33 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online