CONDO JANUARY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 2 % UP
BENCHMARK PRICE 0.3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
54 % UP
SELLER’S 28 %
4 % DOWN
24 % DOWN
The number of condo listings in North Vancouver rose to 225 in January, 23% higher month-over- month but 24% below January 2019. Condo sales decreased to 63, 15% lower month- over-month but up 54% year-over-year. The sales-to-listings ratio decreased to 28%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $558,300, was 1.6% above last month and relatively unchanged year-over-year. The average sold price of $616,898 was down 11% vs December, while at $773 the average PSF sales price decreased by 4% month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 183
% Change
No. 296
% Change
TOTAL LISTINGS
225
23% -15% -31%
-24% 54% 102% 0.3%
TOTAL SALES
63
74
41
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
40%
14%
$558,300 $549,700 $616,898 $695,254
1.6% $556,600 -11% $644,202
-4%
$773
$809
-4%
$757
2%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$556,600 $564,200 $557,100 $554,600 $546,500 $545,500 $558,300
452
430
363
368
296
279
225
106
100
96
83
73
63
41
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
1
3+ bdrms
BUYER'S MARKET
22
31
2 bdrms
126
31
<2 bdrms
. . . . 0 0 0 0 QD QD QD
77
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 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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