CONDO NOVEMBER north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 5 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 36 %
14 % UP
7 % UP
29 % UP
28 % UP
The number of condo listings in North Vancouver decreased to 360 in November, 19% lower month- over-month but 29% above November 2019. Condo sales were 10% lower month-over-month, at 128, but increased 28% year-over-year. The sales-to-listings ratio increased to 36%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $585,300, was 0.6% lower month-over-month but 7% higher year-over-year. The average sold price of $718,780 was down 0.3% vs October, while at $786, the average PSF sales price was 1.6% lower month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 446 142 32%
% Change
No. 279 100 36%
% Change
TOTAL LISTINGS
360 128 36%
-19% -10% 12%
29% 28%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-0.8%
$585,300 $588,900 $718,780 $720,646
-0.6% $545,500 -0.3% $631,866 -1.6% $751
7%
14%
$786
$799
5%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$584,800 $577,200 $582,600 $586,300 $585,300
$545,500 $558,300
502
428
360
321
311
279
246
140
128
120
100
99
63
54
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
11
3+ bdrms
BUYER'S MARKET
31
72
2 bdrms
206
45
<2 bdrms
. . . . 0 0 0 0 QD
123
S-L RATIO SALES INVENTORY
Copyright © 2020 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 December 3, 2020. 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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