DETACHED - OCTOBER 2019 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
29 % UP
-
26 %
3 % DOWN
31 % DOWN
The 344 detached listings in North Vancouver in October 2019 were down 10% from September and 31% below October 2018. The 89 detached sales in October were up by 51% vs September and were 29% above October of last year. The sales-to-listings ratio increased to 26%, as North Vancouver’s detached segment transitioned to a seller’s market. The detached benchmark price in October was $1.47M—relatively unchanged from September and 7% below last year. The average sold price was $1.70M in October, 1.2% lower month-over-month and down 3% year-over-year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 381
% Change
No. 498
% Change
TOTAL LISTINGS
344
-10% 51% 67%
-31% 29% 87%
TOTAL SALES
89
59
69
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26%
15%
14%
$1,465,700 $1,463,200 0.2% $1,571,100 $1,699,660 $1,720,634 -1.2% $1,760,903
-7% -3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.57
$1.55
$1.52
$1.51
$1.50
$1.48
$1.47
2.69
2.68
2.65
498
451
454
377
383
344
315
1.57
1.56
1.53
89
82
69
64
53
41
37
Oct-18
Sep-19
Oct-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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