CONDO APRI L north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 18 %
43 % DOWN
30 % DOWN
14 % UP
0.3 % DOWN
The number of condo listings in North Vancouver fell to 253 in April, 14% lower month-over-month and 43% below April 2019. Condo sales were 55% lower month-over-month, at 45, and decreased 30% year-over-year. The sales-to-listings ratio fell to 18%, as the condo market for North Vancouver transitioned to a bal- anced market. The condo benchmark price, at $572,500, was 1.8% lower year-over-year but 1.6% above April 2019. The average sold price of $750,976 was up 1.6% vs March, while at $792, the average PSF sales price decreased by 5% month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 293
% Change
No. 445
% Change
TOTAL LISTINGS
253
-14% -55% -47%
-43% -30% 24% 1.6% 14% -0.3%
TOTAL SALES
45
99
64
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
34%
14%
$572,500 $582,800 $750,976 $739,450
-1.8% $563,400 1.6% $659,395
$792
$837
-5%
$794
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$563,400 $552,400 $555,800 $554,100 $549,700 $572,000 $572,500
453
445
380
319
287
253
193
124
99
88
87
74
64
45
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4
3+ bdrms
BUYER'S MARKET
31
27
2 bdrms
142
14
<2 bdrms
. . . . 0 0 0 0 QD
80
S-L RATIO SALES INVENTORY
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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