north vancouver TOWNHOME-FEBRUARY 2023
SALES TO LISTINGSRATIO 40% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 0.0% VS 2022
▲ 44% VS 2022
▼ 46% VS 2022
Therewere52 townhom elistingsin N orth Vancouverin February,4% below Januaryand 44% higherthan February2022. Februarytownhom esalesincreased by50% m onth-over-m onth,to21,and were46% below February 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at40% ,reflected aselers'm arket. Thetownhom em edian pricein Februarywas $1,379,900,a7% increasefrom Januaryand 0.0% below February2022. Theaveragesold pricewas$1,382,319,3% abovelast m onth;theaveragePSF salepricewas$885,up 14% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21 52
39 36
-63% -46% 44%
14 54
14% 3% 7% 56% 50% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$885 $1,382,319 $1,379,900 40%
$858 $1,430,967 $1,380,000 108%
$775 $1,338,707 $1,295,000 26%
3% -3% 0%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
80
90
83
63
58
69
51
61
52
54
41
40
39
48
36
39 37
19
21
21
20
18
14
12
$1.38M $1.40M
$1.35M $1.33M $1.38M $1.30M
$1.34M $1.30M $1.38M
$1.27M $1.18M $1.25M $1.20M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
20
3
4+ bdrms
16
15
75%
14
57%
3 bdrms
10
26
32%
4
5
2 bdrms
20%
7
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 0 n/a
2 0 n/a
5 1 20%
8 6 75%
14 8 57%
19 6 32%
3 0 n/a
3
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