TOWNHOME MAY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
37 % DOWN
34 % DOWN
1.4 % DOWN
SELLER’S 29 %
At 92, the number of townhome listings in North Vancouver were down 9% vs last month and 37% belowMay 2019. The 27 townhome sales in May were up 19 from April but 14 belowMay 2019. The sales-to-listings ratio jumped to 29%, as North Vancouver’s townhome market became favourable to sellers. May’s benchmark price was $974,200, decreasing 0.9% from April but 2% above May of last year. The average sold price was $984,980 (6% above April) while the average PSF sales price was $660 (a 2% decline from April).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 101
% Change
No. 147
% Change
TOTAL LISTINGS
92 27
-9%
-37% -34%
TOTAL SALES
8
238% 271%
41
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
29%
8%
28%
5% 2%
$974,200 $983,200 $984,980 $931,238
-0.9% $953,200 6% $999,046
-1.4%
$660
$674
-2%
$611
8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$953,200 $944,100 $937,100 $937,100 $948,200 $964,300 $974,200
148
147
129
98
92
92
82
41
34
30
28
27
21
11
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
1
4+ bdrms
BUYER'S MARKET
12
16
3 bdrms
53
10
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
27
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 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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