the vancouver rennie review | November 2025

north vancouver CONDO - OCTOBER 2 0 2 5

SALES TO LISTINGS RATIO 18% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 2% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▼ 5% VS 2024

▼ 1.1% VS 2024

▼ 27% VS 2024

▲ 16% VS 2024

There were 438 condo listings in North Vancouver in October, 6% below September and 16% higher than October 2024. October condo sales decreased by 4% month-over-month, to 77, and were 27% below October 2024.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No. 106 376

% Change

No.

% Change

The sales-to-listing ratio for condos in North Vancouver, at 18%, reflected a balanced market.

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$938 $873,014 $815,000 18% 77 438

-2% -5% -1.1% -38% -27% 16%

$922 $822,396 $750,000 17% 80 467

-4% -6%

The condo median price in October was $815,000, a 9% increase from September and 1.1% below October 2024. The average sold price was $873,014, 6% above last month; the average PSF sale price was $938, up 1.8% to last month.

$957 $920,168 $824,000 28%

1.8% 6% 9% 3%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● OCT 2024 ● OCT 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

467

476

469

438

465

400

457

376

408

315

281

313

242

96

89

83

82

80

106

77

84

78

77

72

68

60

$837K

$824K

$815K

$804K

$805K

$809K

$803K

$784K

$778K

$780K

$755K

$757K

$750K

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

120

4+ bdrms

100

5

3 bdrms

80

36

60

48

2 bdrms

257

28%

40

24%

20%

17%

13%

24

9%

20

<2 bdrms

139

0

<$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

79 10 13%

126 25 20%

101 24 24%

54 9 17%

47 4 9%

18 5 28%

6 0 n/a

7 0 n/a

Null

6

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 November 14, 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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