northvancouver DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 49% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 15% VS2020
▲ 13% VS2020
▼ 21% VS2020
▲ 42% VS2020
Therewere242detachedlistingsinNorthVancouverin June,9%belowMayand21%lowerthanJune2020. Junedetachedhomesalesdecreasedby8% month-over-month,to118,andwere42%aboveJune 2020. Thesales-to-listingratiofordetachedinNorth Vancouver,at49%,reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 48% 128 266
%Change
TOTALLISTINGS TOTALSALES
49% 118 242
$1,855,014 $1,710,000 27% 83 306
15% 13% 80% 42% -21%
-8% -9%
ThedetachedmedianpriceinJunewas$1,925,000,a3% increasefromMayand13%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-1.5% 3% 1.3%
Theaveragesoldpricewas$2,127,333,1.5%belowlast monthanddown15%toJune2020.
$2,158,901 $1,876,000
$2,127,333 $1,925,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
306
284
276
266
290
245
1.76
242
1.72
1.681.64
203
197
1.63
1.60
225
183
174
129
127
145
99
18
128
127 127
83
102
92
88
80
46
$1.91M $1.95M
$1.94M
$1.93M
$1.88M
$1.84M
$1.79M
$1.77M
$1.76M
$1.74M
$1.74M
$1.72M
$1.71M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
80
60
77%
71%
40
46%
31%
28%
20
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
1 0 n/a
1 0 n/a
3 0 n/a
13 10 77%
79 56 71%
56 26 46%
40 11 28%
49 15 31%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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