CONDO OCTOBER north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 33 %
9 % UP
33 % UP
15 % UP
The number of condo listings in North Vancouver decreased to 425 in October, 13% lower month- over-month but 33% above October 2019. Condo sales were 1.4% higher month-over-month, at 142, and increased 15% year-over-year. The sales-to-listings ratio increased to 33%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $588,900, was 0.4% higher month-over-month and 6% higher year-over-year. The average sold price of $720,646 was up 3% vs September, while at $799, the average PSF sales price was 0.5% higher month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 488 140 29%
% Change
No. 319 124 39%
% Change
TOTAL LISTINGS
425 142 33%
-13% 1.4% 16%
33% 15% -14%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$588,900 $586,300 $720,646 $700,274
0.4% $554,100 3% $659,724
6% 9% 3%
$799
$795
0.5%
$778
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$588,900
$554,100 $552,200 $574,000 $574,500 $575,000 $583,600
481
425
379
319
294
287
193
142
124
110
99
92
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
8
3+ bdrms
BUYER'S MARKET
38
90
2 bdrms
261
44
<2 bdrms
. . . . 0 0 0 0 QD QD
126
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 November 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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