northvancouver DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 44% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2020
▲ 22% VS2020
▼ 36% VS2020
▼ 39% VS2020
Therewere178detachedlistingsinNorthVancouverin September,14%aboveAugustand36%lowerthan September2020. Septemberdetachedhomesalesincreasedby11% month-over-month,to79,andwere39%below September2020. Thesales-to-listingratiofordetachedinNorth Vancouver,at44%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $2,150,000,a14%increasefromAugustand22%above September2020. Theaveragesoldpricewas$2,294,961,10%abovelast monthandup23%toSeptember2020.
THISMONTH No. $2,294,961 $2,150,000 44% 79 178
PREVIOUSYEAR
PREVIOUSMONTH
No. 47% 129 276
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
23% 22% -5% -39% -36%
$2,094,438 $1,880,000 46% 71 156
10% 14% -2% 11% 14%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,873,037 $1,765,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
266
276
245
242
225
1.89
203
197
183
1.70
195
178
1.671.73
1.61
174
127
156
18
1.47
129
145
128
127 127
79
92
88
80
71 71
46
$2.15M
$1.91M $1.95M
$1.94M
$1.93M
$1.89M
$1.88M
$1.88M
$1.84M
$1.79M
$1.77M
$1.76M
$1.74M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
50
40
63%
60%
58%
30
41%
20
21%
10
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 0 n/a
1 0 n/a
2 0 n/a
10 6 60%
40 25 63%
48 28 58%
22 9 41%
53 11 21%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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