north vancouver DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY Therewere205 detached listingsin N orth Vancouverin August,-7% below Julyand 31% higherthan August 2021. Augustdetached hom esalesdecreased by7% m onth-over-m onth,to42,and were41% below August 2021. Thesales-to-listing ratio fordetached in N orth Vancouver,at20% ,reflected abalanced m arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.3% VS 2021
▼ 2% VS 2021
▲ 31% VS 2021
▼ 41% VS 2021
THISMONTH No. $2,120,667 $1,835,000 20% 42 205
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,094,438 $1,880,000 46% 71 156
1.3% -2% -55% -41% 31%
$2,096,929 $2,020,000 20% 45 221
-7% -7%
Thedetachedm edian pricein Augustwas$1,835,000,a 9% decreasefrom Julyand 2% below August2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
1.1% -9% 0.6%
Theaveragesold pricewas$2,120,667,1.1% abovelast m onth and up 1.3% toAugust2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
219
198
221
205
1.89
178
1.82
1.80
143
156
1.55
157
127
1.47
1.44
135
17
78
95
93
92
63
71
79
79
79
71
56
42
45
37
$2.20M $2.03M $2.02M
$2.15M $2.20M $2.15M $2.20M $2.25M $2.30M $2.32M $2.27M
$1.88M
$1.84M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
60
100%
50
88%
40
30
20
26%
19%
10
13%
9%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
1 1 100%
1 0 n/a
0 1 n/a
8 7 88%
58 15 26%
45 6 13%
37 7 19%
55 5 9%
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