CONDO MARCH north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
105 % UP
SELLER’S 84 %
22 % DOWN
4 % UP
The number of condo listings in North Vancouver increased to 242 in March, 4% higher month-over- month but 22% below March 2020. Condo sales were 44% higher month-over-month, at 203, and increased 105% year-over-year. The sales-to-listings ratio increased to 84%, as the condo market for North Vancouver remained in seller’s market territory. The condo benchmark price, at $615,200, was 3% higher month-over-month and 5% higher year-over-year. The average sold price of $767,188 was up 1.2% vs February, while at $860, the average PSF sales price was 1.9% higher month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 233 141 61%
% Change
No. 311
% Change
TOTAL LISTINGS
242 203 84%
4%
-22% 105% 164%
TOTAL SALES
44% 39%
99
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
$615,200 $600,000 $767,188 $757,865
3% $584,800 1.2% $739,450
5% 4% 3%
$860
$844
1.9%
$837
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$584,800 $577,200 $582,600 $586,300 $585,300 $591,400 $615,200
503
429
420
321
311
256
242
140
128
120
99
92
203
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
23
121
2 bdrms
144
71
<2 bdrms
. . . . 0 0 0 0
75
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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