north vancouver TOWNHOME-OCTOBER 202
SALES TO LISTINGSRATIO 46% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere90 townhom elistingsin N orth Vancouverin O ctober,10% below Septem berand 64% higherthan October2021. O ctobertownhom esalesincreased by105% m onth-over-m onth,to41,and were64% aboveO ctober 2021. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at46% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,249,900, a6% increasefrom Septem berand 2% below O ctober 2021. Theaveragesold pricewas$1,250,294,6% abovelast m onth;theaveragePSF salepricewas$811,down 0.3% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 7% VS 2021
▼ 2% VS 2021
▲ 64% VS 2021
▲ 64% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
41 90
25 55
3% -7% -2% 0.2% 64% 64%
$813 $1,178,245 $1,182,950 20% 20 100
-0.3% 6% 6% 128% 105% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$811 $1,250,294 $1,249,900 46%
$785 $1,347,478 $1,280,000 45%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
90
80
83
63
58
69
51
55
48
41
40
39
48
33
29
39
38
37
36
25
21
20
18
18
16
$1.34M $1.38M $1.38M $1.40M $1.35M $1.33M $1.38M
$1.30M $1.27M
$1.28M $1.29M
$1.18M $1.25M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
2
25
4+ bdrms
17
88%
20
67%
29
3 bdrms
15
55% 56%
50
10
9
25%
2 bdrms
15%
5
19
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
3 2 67%
8 7 88%
22 12 55%
27 15 56%
26 4 15%
4 1 25%
4
Copyright© Novem ber7,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber7,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 33 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online