northvancouver CONDO-OCTOBER 2021
SALESTO LISTINGSRATIO 65% SELLERS'MARKET
▶ MARKETSUMMARY Therewere208condolistingsinNorthVancouverin October,16%belowSeptemberand52%lowerthan October2020. Octobercondosalesincreasedby17% month-over-month,to135,andwere4%belowOctober 2020. Thesales-to-listingratioforcondosinNorthVancouver, at65%,reflectedaselers'market. ThecondomedianpriceinOctoberwas$705,000,a5% decreasefromSeptemberand4%aboveOctober2020. Theaveragesoldpricewas$795,115,1.6%belowlast month;theaveragePSFsalepricewas$883,up2%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 10% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 10% VS2020
▲ 4% VS2020
▼ 52% VS2020
▼ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 33% 141 429
%Change
No. 46% 115 248
%Change
TOTALLISTINGS TOTALSALES
65% 135 208
10% 10% 4% 97% -4% -52%
2% -1.6% -5% 40% 17% -16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$883 $795,115 $705,000
$866 $808,208 $745,000
$800 $721,857 $675,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
429
357
293
277
267
248
244
231
222
206
239
208
220
208
202
137
124
171
141
135
141
135
127
15
99
92
$745K
$720K
$699K
$702K
$700K
$705K
$690K
$697K
$682K
$675K
$675K
$665K
$670K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
60
100%+
94%
4+bdrms
1
50
75%
40
12
3bdrms
54%
19
50%
30
20
76
21%
2bdrms
14% 12%
120
10
0
47
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
4 2 50%
32 37 116%
61 46 75%
48 26 54%
18 17 94%
14 3 21%
14 2 14%
17 2 12%
68
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