DETACHED MAY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 18 %
39 % DOWN
51 % DOWN
3 % UP
The 288 detached listings in North Vancouver in May were up 2% from April but 39% belowMay 2019. The 51 detached sales in May represented a 34% increase vs April but were 51% belowMay 2019. The sales-to-listings ratio increased to 18%, as North Vancouver’s detached segment remained a balanced market. The detached benchmark price in May was $1.54M—relatively unchanged month-over-month and 2% above this time last year. The average sold price was $1.74M in May, 2% below April but 3% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 281
% Change
No. 475 105 22%
% Change
TOTAL LISTINGS
288
2%
-39% -51% -20%
TOTAL SALES
51
38
34% 31%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
14%
$1,543,800 $1,545,100 -0.1% $1,508,300
2% 3%
$1,742,914 $1,781,564
-2% $1,684,189
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.55
$1.54
$1.54
$1.51
$1.50
$1.49
$1.46
1.71
1.71
1.69
1.58
1.58
1.57
475
420
391
312
299
288
261
105
78
76
69
59
51
24
May-19
Apr-20
May-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
. . . 0 0 0 0 0 QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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