the rennie review - April 2021

TOWNHOME  MARCH  north vancouver

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

BENCHMARK PRICE 9 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

12 % UP

0.0 %

150 % UP

SELLER’S 81 %

At 93, the number of townhome listings in North Vancouver was 19% above last month and unchanged vs March 2020. The 75 townhome sales in March were up 1.4% from February and 150% higher vs March 2020. The sales-to-listings ratio fell to 81%, as North Vancouver’s townhome market remained favourable to sellers. March’s benchmark price was $1.05M, increasing 1.5% from February and 9% higher vs last year. The average sold price was $1.15M (3% below February) while the average PSF sales price was $717 (a 0.3% decrease from February).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

93 75

78 74

19% 1.4% -15%

93 30

0.0% 150% 150%

TOTAL SALES

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

81%

95%

32%

$1,052,300 $1,036,300 1.5% $964,300

9%

$1,149,966 $1,182,482

-3% $1,027,203 -0.3% $682

12%

$717

$719

5%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$1,031,400 $1,020,700 $1,052,300

$964,300 $974,200 $1,000,100 $1,009,100

140

133

112

99

93

93

73

42

41

75

36

34

30

27

NORTH VANCOUVER REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  



BALANCED



17 16

4+ bdrms

BUYER'S MARKET







40



3 bdrms

 

60







19



<3 bdrms

. . . . 0 0 0 0 QD QD      QD                

16

S-L RATIO SALES INVENTORY

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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