northvancouver CONDO-JANUARY 202
SALESTO LISTINGSRATIO 65% SELLERS'MARKET
▶ MARKETSUMMARY Therewere133condolistingsinNorthVancouverin January,28%aboveDecemberand42%lowerthan January2021. Januarycondosalesdecreasedby19% month-over-month,to87,andwere5%belowJanuary 2021. Thesales-to-listingratioforcondosinNorthVancouver, at65%,reflectedaselers'market. ThecondomedianpriceinJanuarywas$800,000,a6% changefromDecemberand14%aboveJanuary2021. Theaveragesoldpricewas$859,365,5%abovelast month;theaveragePSFsalepricewas$938,up0.6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2021
▲ 14% VS2021
▼ 42% VS2021
▼ 5% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 107 104
%Change
TOTALLISTINGS TOTALSALES
$938 $859,365 $800,000 65% 87 133
$828 $708,657 $699,250 40% 92 231
13% 21% 14% 64% -5% -42%
0.6% 5% 6% -36% -19% 28%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$933 $817,484 $755,000 103%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
277
293
267
248
244
231
206
202
222
220
178
208
208
137
171
135
132
133
141
135
15
104
87
99
92
$800K
$755K
$745K
$720K
$702K
$705K
$710K
$699K
$697K
$700K
$682K
$675K
$670K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%+
100%+
40
4+bdrms
1
30
7
63%
63%
3bdrms
16
50%
20
57
2bdrms
10
72
7%
0
23
<$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
11 16 145%
43 27 63%
14 23 164%
19 12 63%
16 8 50%
15 1 7%
14 0 n/a
44
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