DETACHED MARCH north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 19 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
154 % UP
-
81 %
28 % DOWN
24 % UP
The 217 detached listings in North Vancouver in March were up 25% from February but 28% below March 2020. The 175 detached sales in March were 99% higher vs February and were 154% above March 2020. The sales-to-listings ratio increased to 81%, as North Vancouver’s detached segment remained a seller’s market. The detached benchmark price in March was $1.85M—up 4% month-over-month and 19% above this time last year. The average sold price was $2.15M in March, 2% above February and 24% higher year-over-year.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 174
% Change
No. 300
% Change
TOTAL LISTINGS
217 175 81%
25% 99% 59%
-28% 154% 251%
TOTAL SALES
88
69
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
51%
23%
$1,853,100 $1,783,200 $2,154,406 $2,106,287
4% $1,551,400 2% $1,730,572
19% 24%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.85
$1.72
$1.67
$1.65
$1.60
1.76
1.73
$1.55
1.72
$1.54
1.71
1.65
1.61
331
319
307
300
241
217
161
132
101
94
69
175
51
47
Mar-20
Feb-21
Mar-21
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
. . . 0 0 0 0 0 QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2021 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 April 6, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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