northvancouver DETACHED-APRIL 202
SALESTO LISTINGSRATIO 48% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 14% VS2021
▲ 17% VS2021
▼ 12% VS2021
▼ 48% VS2021
Therewere198detachedlistingsinNorthVancouverin April,26%aboveMarchand12%lowerthanApril2021. Aprildetachedhomesalesdecreasedby19% month-over-month,to95,andwere48%belowApril 2021.
THISMONTH No. $2,394,969 $2,271,000 48% 95 198
PREVIOUSYEAR
PREVIOUSMONTH
No. 81% 183 225
%Change
No. 75% 117 157
%Change
Thesales-to-listingratiofordetachedinNorth Vancouver,at48%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
14% 17% -41% -48% -12%
-36% -19% 26%
ThedetachedmedianpriceinAprilwas$2,271,000,a2% decreasefromMarchand17%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,394,969,3%belowlast monthandup14%toApril2021.
$2,469,856 $2,320,000
-3% -2%
$2,102,416 $1,935,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
266
242
225
198
1.70
1.681.71
1.661.64
183
178
1.62
195
143
135
127
156
157
18
128
93
17
78
95
92
79
79
71 71
71
56
37
$2.32M $2.30M
$2.27M
$2.25M
$2.20M
$2.20M
$2.15M
$2.15M
$1.94M
$1.93M
$1.88M
$1.89M
$1.88M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
60
85%
50
40
49%
30
48%
33%
20
21%
10
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
6 2 33%
44 21 48%
47 40 85%
39 19 49%
62 13 21%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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