north vancouver TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 75% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 11% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.1% VS 2022
▲ 1.5% VS 2022
0.0% VS 2022
▲ 27% VS 2022
Therewere63 townhom elistingsin N orth Vancouverin M ay,6% below Apriland nochangetoM ay2022. M aytownhom esalesincreased by104% m onth-over-m onth,to47,and were27% aboveM ay 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at75% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,350,000,a 2% increasefrom Apriland 1.5% aboveM ay2022. Theaveragesold pricewas$1,353,534,4% abovelast m onth;theaveragePSF salepricewas$797,down 9% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
47 63
37 63
27% 27% 0%
23 67
117% 104% -6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$797 $1,353,534 $1,350,000 75%
$896 $1,368,324 $1,330,000 59%
$874 $1,298,539 $1,320,000 34%
-9% 4% 2%
-11% -1.1% 1.5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
80
90
83
67
63
69
63
61
47
32 56
54
41
40
52
37
19
23
21
21
20
18
14
12
$1.33M $1.38M $1.30M
$1.34M $1.30M $1.38M $1.39M $1.32M $1.35M
$1.27M $1.18M $1.25M $1.20M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
13 13
100%+ 100%+
100%+
4+ bdrms
89%
20
21
15
3 bdrms
55% 56%
36
10
10
2 bdrms
13
5
0
3
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
1
S-L RATIO SALES INVENTORY
1 3 300%
5 8 160%
9 8 89%
22 12 55%
25 14 56%
1 2 200%
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