northvancouver CONDO-NOVEMBER 2021
SALESTO LISTINGSRATIO 74% SELLERS'MARKET
▶ MARKETSUMMARY Therewere178condolistingsinNorthVancouverin November,14%belowOctoberand50%lowerthan November2020. Novembercondosalesdecreasedby2% month-over-month,to132,andwere4%above November2020. Thesales-to-listingratioforcondosinNorthVancouver, at74%,reflectedaselers'market. ThecondomedianpriceinNovemberwas$709,950,a 0.7%increasefromOctoberand3%aboveNovember 2020. Theaveragesoldpricewas$776,012,2%belowlast month;theaveragePSFsalepricewas$891,up0.8%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2020
▲ 3% VS2020
▼ 50% VS2020
▲ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 36% 127 357
%Change
No. 65% 135 208
%Change
TOTALLISTINGS TOTALSALES
74% 132 178
14% 8% 3% 108% 4% -50%
0.8% -2% 0.7% 14% -2% -14%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$891 $776,012 $709,950
$883 $795,115 $705,000
$784 $720,291 $690,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
357
293
277
267
248
231
206
244 202
239
137 222
220
171
208
208
178
135
124
132
127
141
135
15
99
92
$745K
$720K
$710K
$699K
$702K
$700K
$705K
$690K
$697K
$682K
$675K
$665K
$670K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%+
94%
94%
4+bdrms
40
1
30
64%
6
3bdrms
17
20
34%
80
2bdrms
10
15%
104
7%
0
46
<$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
0 4 n/a
33 31 94%
45 47 104%
32 30 94%
29 10 34%
11 7 64%
13 2 15%
7%
56
15 1
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