DETACHED FEBRUARY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 15 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
54 %
41 % DOWN
21 % UP
24 % UP
The 163 detached listings in North Vancouver in February were up 5% from January but 41% below February 2020. The 88 detached sales in February were 87% higher vs January and were 24% above February 2020. The sales-to-listings ratio increased to 54%, as North Vancouver’s detached segment remained a seller’s market. The detached benchmark price in February was $1.78M—up 4% month-over-month and 15% above this time last year. The average sold price was $2.11M in February, 0.2% above January and 21% higher year-over-year.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 155
% Change
No. 274
% Change
TOTAL LISTINGS
163
5%
-41% 24% 108%
TOTAL SALES
88
47
87% 78%
71
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
54%
30%
26%
$1,783,200 $1,722,300
4% $1,546,400
15% 21%
$2,106,287 $2,102,049 0.2% $1,745,013
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.78
$1.70
$1.67
$1.61
$1.56
$1.55
$1.55
1.73
1.73
1.72
1.69
1.65
1.63
344
337
287
289
274
163
158
128
103
84
88
71
80
38
Feb-20
Jan-21
Feb-21
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
SL RATIO
. . . 0 0 0 0 0 QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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