northvancouver TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 48% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2021
▲ 17% VS2021
▼ 51% VS2021
▼ 56% VS2021
Therewere33townhomelistingsinNorthVancouverin January,83%aboveDecemberand51%lowerthan January2021. Januarytownhomesalesdecreasedby45% month-over-month,to16,andwere57%belowJanuary 2021. Thesales-to-listingratiofortownhomesinNorth Vancouver,at48%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$1,384,000, a3%changefromDecemberand17%aboveJanuary 2021. Theaveragesoldpricewas$1,346,313,1.3%belowlast month;theaveragePSFsalepricewas$860,up1.2%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
16 33
37 67
19% 18% 17% -12% -57% -51%
29 18
1.2% -1.3% 3% -70% -45% 83%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$860 $1,346,313 $1,384,000 48%
$723 $1,137,828 $1,180,000 55%
$850 $1,363,897 $1,343,000 161%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
76 94
88 86
77
75
62
67
73
72
55
52
48
59
51
38
45
33
29
38
37
32
30
25
18
16
$1.38M
$1.34M
$1.29M
$1.28M
$1.29M
$1.28M
$1.20M
$1.21M
$1.19M
$1.18M
$1.16M $1.16M
$1.15M
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
14
1
100%
4+bdrms
12
5
86%
10
11
8
3bdrms
14
50%
6
4
4
22%
2bdrms
14
2
0
<$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
2 0 n/a
7 6 86%
14 7 50%
9 2 22%
1 1 100%
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 30 ●
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