northvancouver TOWNHOME-MARCH 202
SALESTO LISTINGSRATIO 121% SELLERS'MARKET
▶ MARKETSUMMARY Therewere48townhomelistingsinNorthVancouverin March,33%aboveFebruaryand49%lowerthanMarch 2021. Marchtownhomesalesincreasedby49% month-over-month,to58,andwere24%belowMarch 2021. Thesales-to-listingratiofortownhomesinNorth Vancouver,at121%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$1,395,000,a 1.1%increasefromFebruaryand20%aboveMarch2021. Theaveragesoldpricewas$1,465,964,2%abovelast month;theaveragePSFsalepricewas$882,up3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2021
▲ 20% VS2021
▼ 49% VS2021
▼ 24% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
58 48
76 94
24% 26% 20% 49% -24% -49%
39 36
3% 2% 1.1% 12% 49% 33%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$882 $1,465,964 $1,395,000 121%
$714 $1,166,529 $1,160,500 81%
$858 $1,430,967 $1,380,000 108%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
94
77 88
86
76
62
72
58
55
48
59
48
52
51
39
45
33
29
38
38
36
32
30
25
18
16
$1.40M $1.38M
$1.38M
$1.34M
$1.29M
$1.28M
$1.28M
$1.29M
$1.21M
$1.19M
$1.20M
$1.16M
$1.15M
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
10
100%+ 100%+ 100%
4+bdrms
20
6
73%
15
34
3bdrms
21
50% 50%
10
14
2bdrms
5
18
0
<$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
2 1 50%
6 3 50%
11 8 73%
17 20 118%
10 24 240%
2 2 100%
3
Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 30 ●
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