northvancouver TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 131% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 20% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 13% VS2021
▲ 13% VS2021
▼ 56% VS2021
▼ 34% VS2021
Therewere39townhomelistingsinNorthVancouverin April,19%belowMarchand56%lowerthanApril2021. Apriltownhomesalesdecreasedby12% month-over-month,to51,andwere34%belowApril 2021. Thesales-to-listingratiofortownhomesinNorth Vancouver,at131%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$1,350,000,a 3%decreasefromMarchand13%aboveApril2021. Theaveragesoldpricewas$1,341,508,8%belowlast month;theaveragePSFsalepricewas$879,down0.3% tolastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
51 39
77 88
20% 13% 13% 49% -34% -56%
58 48
-0.3% -8% -3% 8% -12% -19%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$879 $1,341,508 $1,350,000 131%
$731 $1,187,898 $1,191,200 88%
$882 $1,465,964 $1,395,000 121%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
77
88
86
7259
58
55
62
48
51
52
51
39
48
45
39
33
29
38
38
36
32
30
25
18
16
$1.40M $1.38M
$1.38M
$1.34M
$1.35M
$1.29M
$1.28M
$1.28M
$1.29M
$1.21M
$1.19M
$1.20M
$1.15M
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
7
100%+ 100%+ 100%+ 100%+
4+bdrms
20
5
15
29
3bdrms
23
10
14
2bdrms
5
8
0
1
<$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
3 0 n/a
2 6 300%
7 10 143%
13 23 177%
11 12 109%
3 0 n/a
3
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 30 ●
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