DETACHED JANUARY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
10 %
33 % DOWN
19 % UP
31 % DOWN
The 244 detached listings in North Vancouver in January were up 20% from December but 33% below January 2019. The 24 detached sales in January were down by 57% vs December and were 31% below January of last year. The sales-to-listings ratio fell to 10%, as North Vancouver’s detached segment transitioned to buy- er’s market territory. The detached benchmark price in January was $1.54M—1.6% higher month-over-month and year-over-year. The average sold price was $2.16M in January, 17% above December and up 19% year-over-year.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 204
% Change
No. 365
% Change
TOTAL LISTINGS
244
20% -57% -64%
-33% -31%
TOTAL SALES
24
56
35
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
27%
10%
3%
$1,536,800 $1,513,300 1.6% $1,512,100 1.6%
$2,156,917 $1,846,728
17% $1,806,773
19%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.54
$1.51
$1.51
$1.51
$1.50
$1.49
$1.46
1.76
1.70
1.69
1.63
1.62
1.54
475
420
399
390
365
312
244
105
78
76
70
59
35
24
Jan-19
Dec-19
Jan-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S L RATIO
. . . 0 0 0 0 0 QD QD 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 February 5, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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