DETACHED JUNE north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
26 %
27 % DOWN
9 % UP
2 % UP
The 329 detached listings in North Vancouver in June were up 11% fromMay but 27% below June 2019. The 84 detached sales in June represented a 65% increase vs May and were 2% above June 2019. The sales-to-listings ratio increased to 26%, as North Vancouver’s detached segment transitioned to a seller’s market. The detached benchmark price in June was $1.56M—1.3% higher month-over-month and 3% above this time last year. The average sold price was $1.84M in June, 6% above May and 9% higher year-over-year.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 297
% Change
No. 452
% Change
TOTAL LISTINGS
329
11% 65% 49%
-27%
TOTAL SALES
84
51
82
2%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26%
17%
18%
41%
$1,563,500 $1,543,800 1.3% $1,524,800
3% 9%
$1,839,609 $1,742,914
6% $1,683,485
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.56
$1.55
$1.55
$1.52
$1.51
$1.48
$1.47
1.72
1.71
1.69
1.61
1.58
1.58
452
379
375
329
288
274
209
89
84
82
71
64
56
38
Jun-19
May-20
Jun-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
SL RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD
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 July 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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