CONDO APRI L north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
3 % DOWN
37 % DOWN
8 % DOWN
138 % UP
BALANCED 15 %
The number of condo listings in North Vancouver rose to 429 in April, 17% higher month-over-month and 138% above April 2018. Condo sales jumped to 64, a decrease of 12% month- over-month and a 37% decline year-over-year. The sales-to-listings ratio dipped to 15%, as the condo market for North Vancouver remained in balanced market territory. The condo benchmark price, at $567,500, was virtually unchanged vs last month and 9% lower year-over-year. The average sold price of $659,395 was down virtu- ally unchanged vs March, while at $794 the average PSF sales price increased by 8% month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 366
% Change
No. 180 101 56%
% Change
TOTAL LISTINGS
429
17% -12% -25%
138% -37% -73%
TOTAL SALES
64
73
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
20%
$567,500 $567,000 $659,395 $662,361
0.1% $620,900 -0.4% $714,248
-9% -8% -3%
$794
$734
8%
$817
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$620,900 $611,600 $596,400 $582,000 $567,300 $561,500 $567,500
429
378
333
257
253
235
180
35
101
79
78
72
64
59
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
22
30
2 bdrms
248
31
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
159
S-L RATIO SALES INVENTORY
CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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