northvancouver CONDO-JUNE 2021
SALESTO LISTINGSRATIO 51% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 10% VS2020
▼ 25% VS2020
▲ 23% VS2020
Therewere267condolistingsinNorthVancouverin June,9%belowMayand25%lowerthanJune2020.
Junecondosalesdecreasedby21%month-over-month, to135,andwere23%aboveJune2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 31% 110 358
%Change
No. 58% 171 293
%Change
Thesales-to-listingratioforcondosinNorthVancouver, at51%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
51% 135 267
9% 13% 10% 65% 23% -25%
0.8% -0.4% 1.7% -13% -21% -9%
ThecondomedianpriceinJunewas$681,500,a1.7% increasefromMayand10%aboveJune2020. Theaveragesoldpricewas$728,923,0.4%belowlast month;theaveragePSFsalepricewas$857,down0.8% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$857 $728,923 $681,500
$850 $731,702 $670,000
$784 $647,315 $620,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
429
481
464
357
399
358
293
277
244
267
231
206
124 239
220
141
202
140
120
171
135
141
10
127
92
92
$720K
$702K
$699K
$697K
$690K
$675K
$682K
$670K
$665K
$647K
$645K
$624K
$620K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
70
4+bdrms
1
60
71%
50
67%
9
3bdrms
40
27
50%
41%
30
33%
74
20
2bdrms
19%
156
11%
10
0
52
<$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
9 3 33%
60 40 67%
75 53 71%
54 22 41%
26 13 50%
16 3 19%
9 1 11%
18 0 n/a
83
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