northvancouver TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 82% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 5% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 20% VS2020
▲ 18% VS2020
▼ 34% VS2020
▲ 51% VS2020
Therewere72townhomelistingsinNorthVancouverin June,16%belowMayand34%lowerthanJune2020. Junetownhomesalesincreasedby16% month-over-month,to59,andwere51%aboveJune 2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at82%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$1,200,000,a 4%increasefromMayand18%aboveJune2020. Theaveragesoldpricewas$1,208,483,5%abovelast month;theaveragePSFsalepricewas$727,up1.7%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
59 72
$690 $1,003,875 $1,015,000 36% 39 109
5% 20% 18% 129% 51% -34%
51 86
1.7% 5% 4% 38% 16% -16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$727 $1,208,483 $1,200,000 82%
$715 $1,152,749 $1,150,000 59%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
121
104
17
109
13
94
88
86
100
76
75
59 72
77
73
57
68
67
45
38
51
39
42
41
37
34
$1.20M
$1.19M
$1.18M
$1.16M $1.16M
$1.15M
$1.09M
$1.06M
$1.05M
$1.04M
$1.05M
$1.01M
$981K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
7
100%+ 100%+ 100%+
4+bdrms
20
14
82%
15
41 41
3bdrms
10
33%
9
25%
2bdrms
5
15
0
2 2
<$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
2 3 150%
7 12 171%
14 19 136%
22 18 82%
24 6 25%
3 1 33%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 27 ●
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