TOWNHOME - OCTOBER 2019 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
12 % DOWN
7 % UP
65 % UP
SELLER’S 36 %
At 106, the number of townhome listings in North Vancouver were down 15% vs last month and 12% below October 2018. The 38 townhome sales in October were up by 17 from September and 15 above October 2018. The sales-to-listings ratio jumped to 36%, as North Vancouver’s townhome market transitioned to a seller’s market. October’s benchmark price was $936,300, relatively unchanged from September and down 9% from October of last year. The average sold price was $1.03M (2% above September) while the average PSF sales price was $638 (15% higher vs September).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 125
% Change
No. 121
% Change
TOTAL LISTINGS
106
-15% 81% 113%
-12% 65% 89%
TOTAL SALES
38
21
23
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
36%
17%
19%
$936,300 $937,100 $1,031,868 $1,009,024
-0.1% $1,026,400 2% $968,761
-9%
7% 8%
$638
$557
15%
$593
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$1,026,400 $994,300 $956,500 $947,000 $946,600 $960,200 $936,300
155
147
133
121
111
106
97
38
29
29
27
24
23
20
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
9
4+ bdrms
15
SELLER'S MARKET
BALANCED
BUYER'S MARKET
18
3 bdrms
58
11
<3 bdrms
. . . . 0 0 0 0 QD QD QD
33
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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