northvancouver TOWNHOME-MAY 2021
SALESTO LISTINGSRATIO 59% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 17% VS2020
▲ 15% VS2020
▼ 11% VS2020
▲ 89% VS2020
Therewere86townhomelistingsinNorthVancouverin May,2%belowApriland11%lowerthanMay2020. Maytownhomesalesdecreasedby34% month-over-month,to51,andwere89%aboveMay 2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at59%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$1,150,000,a 3%decreasefromApriland15%aboveMay2020. Theaveragesoldpricewas$1,152,749,3%belowlast month;theaveragePSFsalepricewas$715,down2%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
51 86
27 97
9% 17% 15% 113% 89% -11%
77 88
-32% -34% -2%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$715 $1,152,749 $1,150,000 59%
$654 $984,980 $1,000,000 28%
$731 $1,187,898 $1,191,200 88%
-2% -3% -3%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
121
109
104
17
13
94
97
88
100
86
76
75
77
73
57
68
67
45
39
38
51
42
41
37
27
34
$1.19M
$1.18M
$1.16M $1.16M
$1.15M
$1.09M
$1.06M
$1.05M
$1.05M
$1.04M
$1.01M
$1.00M
$981K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
11
100%+
4+bdrms
20
13
80%
15
24
61%
3bdrms
57
46%
10
40%
14
5
2bdrms
13
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
2
S-LRATIO SALES INVENTORY
0 1 n/a
5 4 80%
12 13 108%
23 14 61%
24 11 46%
20 8 40%
2 0 n/a
<2bdrms
3
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