the rennie review - December 2019

TOWNHOME - NOVEMBER 2019 north vancouver

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 8 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

6 % DOWN

31 % DOWN

10 % UP

55 % UP

SELLER’S 38 %

At 90, the number of townhome listings in North Vancouver were down 20% vs last month and 31% below November 2018. The 34 townhome sales in November were down by 4 from October but 12 above November 2018. The sales-to-listings ratio increased to 38%, as North Vancouver’s townhome market remained favourable to sellers. November’s benchmark price was $937,100, rela- tively unchanged from October and down 8% from November of last year. The average sold price was $952,182 (8% below October) while the average PSF sales price was $636 (relatively unchanged from October).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 113

% Change

No. 130

% Change

TOTAL LISTINGS

90 34

-20% -11% 12%

-31% 55% 123%

TOTAL SALES

38

22

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

38%

34%

17%

$937,100 $936,300 $952,182 $1,031,868

0.1% $1,014,900 -8% $1,009,677 -0.3% $580

-8% -6% 10%

$636

$638

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$1,014,900 $979,900 $952,700 $953,200 $944,100 $937,100 $937,100

147

147

134

130

129

105

90

41

34

28

22

21

21

12

NORTH VANCOUVER REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY







5

4+ bdrms



14

SELLER'S MARKET

  





BALANCED

20



BUYER'S MARKET

3 bdrms

47









9





<3 bdrms

. . . . 0 0 0 0 QD QD      QD                

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S-L RATIO SALES INVENTORY

Copyright © 2019 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 December 4, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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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