CONDO - OCTOBER 2019 north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
60 % UP
SELLER’S 42 %
9 % DOWN
21 % DOWN
4 % DOWN
The number of condo listings in North Vancouver dipped to 296 in October, 18% lower month-over- month and 21% below October 2018. Condo sales increased to 125, 51% higher month- over-month and up 60% year-over-year. The sales-to-listings ratio increased to 42%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $554,100, was 1.4% above last month but 5% lower year-over-year. The average sold price of $661,166 was down 1.9% vs September, while at $779 the average PSF sales price decreased by 3% month-over-month.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 362
% Change
No. 374
% Change
TOTAL LISTINGS
296 125 42%
-18% 51% 84%
-21% 60% 102%
TOTAL SALES
83
78
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
21%
$554,100 $546,500 $661,166 $673,854
1.4% $583,300 -1.9% $725,279
-5% -9% -4%
$779
$801
-3%
$810
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$583,300 $566,600 $559,000 $563,400 $552,400 $555,800 $554,100
445
453
374
380
328
296
253
125
88
87
78
64
59
35
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 QD QD SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
4
3+ bdrms
28
69
2 bdrms
165
52
<2 bdrms
103
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.
25
Made with FlippingBook - professional solution for displaying marketing and sales documents online