north vancouver TOWNHOME - DECEMBER 2 0 2 4
SALES TO LISTINGS RATIO 39% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 4% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 18% VS 2023
▲ 13% VS 2023
▲ 43% VS 2023
▲ 30% VS 2023
There were 66 townhome listings in North Vancouver in December, 28% below November and 43% higher than December 2023. December townhome sales decreased by 7% month-over-month, to 26, and were 30% above December 2023. The sales-to-listing ratio for townhomes in North Vancouver, at 39%, reflected a sellers' market. The townhome median price in December was $1,284,500, a 2% decrease from November and 13% above December 2023. The average sold price was $1,395,012, 7% above last month; the average PSF sale price was $876, up 10% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26 66
20 46
4% 18% 13% -9% 30% 43%
28 92
10% 7% -2% 29% -7% -28%
$876 $1,395,012 $1,284,500 39%
$846 $1,178,801 $1,134,950 43%
$793 $1,308,471 $1,312,000 30%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● DEC 2023 ● DEC 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
132
124
119
118
103
94
92
86
67
76
49
66
46
38
35
49
32
27
26
32
31
20
28
24
17
17
$1.42M $1.45M $1.43M $1.35M
$1.34M $1.42M $1.40M $1.40M
$1.30M $1.26M $1.31M $1.28M
$1.13M
NORTH VANCOUVER
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
30
5
25
4+ bdrms
83%
15
20
18
3 bdrms
15
33
44%
10
3
21%
20%
2 bdrms
18
5
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
5 1 20%
12 10 83%
18 8 44%
28 6 21%
3 0 n/a
0 1 n/a
Copyright © 2025 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 January 13, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 33 ●
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