DETACHED - MAY 2019 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
17 % UP
15 % DOWN
6 % DOWN
SELLER’S 23 %
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The 463 detached listings in North Vancouver in May 2019 were virtually unchanged vs April and 6% lower than in May 2018. The 105 detached sales in May were up by 98% com- pared to the previous month and were 17% above May of last year. The sales-to-listings ratio increased to 23%, as North Vancouver’s detached segment transitioned to a seller’s market. The detached benchmark price in May was $1.51M—virtually unchanged from last month and 12% below last year. The average sold price was $1.68M in May, down 15% month-over-month and year-over-year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 461
% Change
No. 490
% Change
TOTAL LISTINGS
463 105 23%
0.4% 98% 97%
-6% 17% 23%
TOTAL SALES
53
90
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
18%
$1,508,300 $1,511,400 -0.2% $1,708,500 -12% $1,684,189 $1,971,036 -15% $1,974,975 -15%
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-
-
-
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RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.71
$1.68
$1.62
$1.57
2.79
$1.51
$1.51
2.71
$1.51
2.66
519
502
490
483
463
413
377
1.65
1.60
1.58
105
90
70
52
41
40
35
May-18
Apr-19
May-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
S-L RATIO SALES INVENTORY
CurrentasofJune4,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverifiedthe informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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