north vancouver TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 57% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere56 townhom elistingsin N orth Vancouverin M arch,8% aboveFebruaryand 17% higherthan M arch 2022. M arch townhom esalesincreased by52% m onth-over-m onth,to 32,and were45% below M arch 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at57% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$1,387,500,a 0.6% increasefrom Februaryand 0.5% below M arch 2022. Theaveragesold pricewas$1,353,075,2% below last m onth;theaveragePSF salepricewas$768,down 13% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 13% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2022
▼ 0.5% VS 2022
▲ 17% VS 2022
▼ 45% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
32 56
58 48
-13% -8% -0.5% -53% -45% 17%
21 52
-13% -2% 0.6% 41% 52% 8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$768 $1,353,075 $1,387,500 57%
$882 $1,465,964 $1,395,000 121%
$885 $1,382,319 $1,379,900 40%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
80
90
83
63
69
58 48
51
56
61
54
41
40
52
39 37
32
19
21
21
20
18
14
12
$1.40M
$1.38M $1.39M
$1.35M $1.33M $1.38M $1.30M
$1.34M $1.30M
$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
20
9
100%+
100%
4+ bdrms
12
15
75%
19
3 bdrms
55%
30
50%
10
33%
3
2 bdrms
5
11
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
3
S-L RATIO SALES INVENTORY
1 0 n/a
2 3 150%
4 3 75%
7 7 100%
18 6 33%
20 11 55%
4 2 50%
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