DETACHED APRI L north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 14 %
41 % DOWN
28 % DOWN
10 % DOWN
The 266 detached listings in North Vancouver in April were down 8% fromMarch and 41% below April 2019. The 38 detached sales in April represented a 45% decrease vs March and were 28% below April 2019. The sales-to-listings ratio decreased to 14%, as North Vancouver’s detached segment transitioned to balanced market territory. The detached benchmark price in April was $1.55M—relatively unchanged month-over-month and 2% above this time last year. The average sold price was $1.78M in April, 3% above March but 10% lower year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 288
% Change
No. 454
% Change
TOTAL LISTINGS
266
-8%
-41% -28% 22%
TOTAL SALES
38
69
-45% -40%
53
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
24%
12%
$1,545,100 $1,551,400 -0.4% $1,511,400
2%
$1,781,564 $1,730,572
3% $1,971,036 -10%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.55
$1.55
$1.52
$1.51
$1.51
$1.48
$1.47
1.72
1.68
1.66
1.60
1.60
1.57
454
452
379
375
274
266
209
89
82
71
64
56
53
38
Apr-19
Mar-20
Apr-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
. . . 0 0 0 0 0 QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2020 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 May 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
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