north vancouver CONDO -JUNE 2023
SALES TO LISTINGSRATIO 54% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 1.3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 1.9% VS 2022
▼ 11% VS 2022
▲ 27% VS 2022
Therewere226 condolistingsin N orth Vancouverin June,6% aboveM ayand 11% lowerthan June2022.
Junecondo salesdecreased by4% m onth-over-m onth,to 122,and were27% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 60% 127 213
% Change
Thesales-to-listing ratio forcondosin N orth Vancouver, at54% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
54% 122 226
$999 $896,771 $804,500 38% 96 254
1.3% -3% -1.9% 43% 27% -11%
-9% -4% 6%
Thecondom edian pricein Junewas$789,450,a1.2% increasefrom M ayand 1.9% below June2022. Theaveragesold pricewas$865,491,9% abovelast m onth;theaveragePSF salepricewas$1,012,up 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,012 $865,491 $789,450
$980 $795,836 $780,000
3% 9% 1.2%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
243
272
254
235
264
212
21
226
202
213
209
207
127
158
1
104
122
88
96
79
10
76
61
62
57
45
$805K
$805K
$795K
$800K $787K $780K $789K
$739K
$723K $700K $712K
$716K
$653K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
50
100%+
4+ bdrms
3
40
68%
13
30
3 bdrms
53%
52%
26
20
35%
53
2 bdrms
10
134
8%
0
56
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
22 15 68%
49 50 102%
53 28 53%
40 14 35%
25 13 52%
13 0 n/a
8%
63
24 2
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