northvancouver CONDO-MARCH 202
SALESTO LISTINGSRATIO 84% SELLERS'MARKET
▶ MARKETSUMMARY Therewere194condolistingsinNorthVancouverin March,20%aboveFebruaryand20%lowerthanMarch 2021. Marchcondosalesincreasedby20%month-over-month, to162,andwere20%belowMarch2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 15% VS2021
▲ 22% VS2021
▼ 20% VS2021
▼ 20% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 83% 202 244
%Change
No. 83% 135 162
%Change
Thesales-to-listingratioforcondosinNorthVancouver, at84%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
84% 162 194
19% 15% 22% 0.9% -20% -20%
20% 20%
ThecondomedianpriceinMarchwas$852,500,a6% increasefromFebruaryand22%aboveMarch2021. Theaveragesoldpricewas$886,452,1.6%belowlast month;theaveragePSFsalepricewas$1,024,up1.9%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
1.9% -1.6% 6% 0.2%
$1,024 $886,452 $852,500
$1,005 $901,152 $807,000
$860 $769,179 $696,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
277
293
267
248
244
206
222
202
178
194 162
208
208
162
137
171
135
132
133
135
135
15
104
99
87
$853K
$800K
$807K
$755K
$745K
$710K
$702K
$700K
$705K
$697K
$682K
$670K
$675K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%+ 100%+
98%
4+bdrms
40
2
79%
30
9
3bdrms
16
47%
20
90
2bdrms
10
17%
109
0
63
<$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
29 23 79%
47 46 98%
27 43 159%
24 36 150%
19 9 47%
29 5 17%
19 0 n/a
67
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