CONDO JUNE north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 31 %
1.4 % DOWN
22 % DOWN
0.9 % UP
26 % UP
The number of condo listings in North Vancouver increased to 352 in June, 13% higher month-over- month but 22% below June 2019. Condo sales doubled month-over-month, at 110, and were 26% higher year-over-year. The sales-to-listings ratio increased to 31%, as the condo market for North Vancouver transitioned to a seller’s market. The condo benchmark price, at $575,000, was 0.4% lower month-over-month but 4% above June 2019. The average sold price of $647,315 was down 3% vs May, while at $784, the average PSF sales price was 1.3% lower month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 312
% Change
No. 453
% Change
TOTAL LISTINGS
352 110 31%
13%
-22% 26% 63% -1.4% 0.9% 4%
TOTAL SALES
55
100%
87
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
77%
19%
$575,000 $577,200 $647,315 $668,623
-0.4% $552,400 -3% $656,563 -1.3% $777
$784
$794
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$552,400 $555,800 $554,100 $552,200 $574,000 $574,500 $575,000
453
380
352
319
294
287
193
124
110
99
88
87
74
45
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
3+ bdrms
BUYER'S MARKET
34
62
2 bdrms
214
45
<2 bdrms
. . . . 0 0 0 0 QD QD QD
104
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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