northvancouver CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 46% SELLERS'MARKET
▶ MARKETSUMMARY Therewere248condolistingsinNorthVancouverin September,19%aboveAugustand48%lowerthan September2020. Septembercondosalesincreasedby16% month-over-month,to115,andwere18%below September2020. Thesales-to-listingratioforcondosinNorthVancouver, at46%,reflectedaselers'market. ThecondomedianpriceinSeptemberwas$745,000,a 10%increasefromAugustand16%aboveSeptember 2020. Theaveragesoldpricewas$808,208,4%abovelast month;theaveragePSFsalepricewas$866,down0.8% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 15% VS2020
▲ 16% VS2020
▼ 48% VS2020
▼ 18% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 140 481
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
46% 115 248
9% 15% 16% 59% -18% -48%
$873 $775,434 $675,000 48% 99 208
16% 19%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-0.8% 4% 10% -3%
$866 $808,208 $745,000
$795 $700,274 $645,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
481
429
357
277 293
267
244
231
222
248
206
239 124
220
208
141
202
137
171
140
15
141
135
127
99
92
$745K
$720K
$699K
$702K
$700K
$690K
$697K
$682K
$675K
$675K
$665K
$670K
$645K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
4+bdrms
1
60
75%
68%
7
58%
3bdrms
57%
40
22
44%
72
24%
20
2bdrms
15%
145
6%
0
36
<$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
4 3 75%
46 26 57%
78 34 44%
52 30 58%
22 15 68%
17 4 24%
13 2 15%
6%
80
16 1
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