north vancouver DETACHED -DECEMBER 202
SALESTO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere117 detached listingsin N orth Vancouverin D ecem ber,27% below N ovem berand 50% higherthan D ecem ber2021. D ecem berdetached hom esalesdecreased by 55% m onth-over-m onth,to25,and were55% below D ecem ber2021. Thesales-to-listing ratio fordetached in N orth Vancouver,at21% ,reflected aselers'm arket. Thedetachedm edian pricein D ecem berwas$1,910,000, a0.8% decreasefrom N ovem berand 13% below D ecem ber2021. Theaveragesold pricewas$2,022,510,4% below last m onth and down 14% toD ecem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 14% VS2021
▼ 13% VS2021
▲ 50% VS2021
▼ 55% VS2021
THISMONTH No. $2,022,510 $1,910,000 21% 25 117
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
%Change
No.
TOTALLISTINGS TOTALSALES
56 78
-14% -13% -70% -55% 50%
-4% -0.8% -37% -55% -27%
$2,096,218 $1,925,000 34% 55 161
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,360,534 $2,199,000 72%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
236
210
198
221
219
1.87
205
1.78
1.64
143
1.61
161
157
1.48
1.43
17
17
95
78 56
92
63
62
55
79
79
50
45
42
37
25
$2.20M $2.25M $2.30M $2.32M $2.27M
$2.20M $2.03M $2.02M
$2.01M $1.93M $1.91M
$1.84M $1.85M
Dec-21
Nov-22
Dec-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
35
30
25
60%
20
15
33%
10
25%
10%
5
6%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-LRATIO SALES INVENTORY
0 1 n/a
1 0 n/a
0 1 n/a
5 3 60%
32 8 25%
24 8 33%
20 2 10%
35 2 6%
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