TOWNHOME - JULY 2019 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
1.7 % DOWN
1.4 % DOWN
28 % UP
47 % UP
SELLER’S 22 %
The number of townhome listings in North Vancouver were down 11% vs last month, settling at 125, but were 28% above July 2018. The 28 townhome sales in July were up by 1 from June and 9 above July 2018. The sales-to-listings ratio rose to 22%, as North Vancouver’s townhome market transitioned to a seller’s market. July’s benchmark price was $944,100, virtually unchanged from June and down 9% from July of last year. The average sold price was $1.00M (virtually unchanged from June) while the average PSF sales price was $613 (4% above June).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 140
% Change
No.
% Change
TOTAL LISTINGS
125
-11%
98 19
28% 47% 16% -9%
TOTAL SALES
28
27
4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
19%
16%
19%
$944,100 $946,600 $1,001,079 $999,530
-0.3% $1,033,400
0.2% $1,018,816 -1.7%
$613
$591
4%
$622
-1.4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$1,033,400 $1,021,900 $1,014,900 $979,900 $952,700 $953,200 $944,100
146
134
130
125
109
105
98
41
28
22
21
20
19
12
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
4+ bdrms
BUYER'S MARKET
21
20
3 bdrms
68
5
<3 bdrms
. . . . 0 0 0 0 QD QD
36
S-L RATIO SALES INVENTORY
CurrentasofAugust7,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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