northvancouver TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 67% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 15% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 24% VS2020
▼ 63% VS2020
▼ 28% VS2020
Therewere45townhomelistingsinNorthVancouverin September,13%belowAugustand63%lowerthan September2020. Septembertownhomesalesdecreasedby21% month-over-month,to30,andwere29%below September2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at67%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $1,290,000,a1.0%increasefromAugustand24%above September2020. Theaveragesoldpricewas$1,250,383,0.4%belowlast month;theaveragePSFsalepricewas$739,down6%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
30 45
$644 $1,110,820 $1,039,150 35% 42 121
15% 13% 24% 92% -29% -63%
38 52
-6% -0.4% 1% -9% -21% -13%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$739 $1,250,383 $1,290,000 67%
$787 $1,255,887 $1,277,500 73%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
121
104
94
88
86
100
76
75
72
77
73
57
68
67
62
59
38
45 30
52 38
51
42
37
34
32
$1.29M
$1.28M
$1.21M
$1.20M
$1.18M
$1.19M
$1.16M $1.16M
$1.15M
$1.09M
$1.04M
$1.05M
$981K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
20
7
100%+ 100%
4+bdrms
8
15
78%
67%
19
3bdrms
55%
27
10
2
5
2bdrms
7
0
2
<$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 2 200%
4 4 100%
9 7 78%
20 11 55%
9 6 67%
2 0 n/a
3
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 27 ●
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