northvancouver TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 79% SELLERS'MARKET
▶ MARKETSUMMARY Therewere48townhomelistingsinNorthVancouverin November,13%belowOctoberand54%lowerthan November2020. Novembertownhomesalesincreasedby52% month-over-month,to38,andwere12%above November2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at79%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas $1,288,000,a0.6%increasefromOctoberand31%above November2020. Theaveragesoldpricewas$1,283,532,5%belowlast month;theaveragePSFsalepricewas$801,up2.0%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 27% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2020
▲ 31% VS2020
▼ 54% VS2020
▲ 12% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
38 48
$630 $1,077,112 $981,250 33% 34 104
27% 19% 31% 142% 12% -54%
25 55
2% -5% 0.6% 74% 52% -13%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$801 $1,283,532 $1,288,000 79%
$785 $1,347,478 $1,280,000 45%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
104
94
88
86
76
75
77
73
72 59
68
55
67
52
62
38 48
38
51
38
45
34
37
32
30
25
$1.29M
$1.29M
$1.28M
$1.28M
$1.21M
$1.20M
$1.18M
$1.19M
$1.16M $1.16M
$1.15M
$1.09M
$981K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
6
100%+
100%
100%+
4+bdrms
15
7
78%
70%
22
3bdrms
10
28
9
5
2bdrms
10
0
1
<$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
1 0 n/a
1 2 200%
4 4 100%
10 11 110%
18 14 78%
10 7 70%
4 0 n/a
3
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 30 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online