DETACHED JULY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
SELLER’S 32 %
24 % DOWN
26 % UP
33 % UP
The 318 detached listings in North Vancouver in July were down 7% from June and 24% below July 2019. The 101 detached sales in July represented a 20% increase vs June and were 33% above July 2019. The sales-to-listings ratio increased to 32%, as North Vancouver’s detached segment remained a seller’s market. The detached benchmark price in July was $1.60M—up 2% month-over-month and 8% above this time last year. The average sold price was $2.05M in July, 11% above June and 26% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 342
% Change
No. 420
% Change
TOTAL LISTINGS
318 101 32%
-7% 20% 29%
-24% 33% 76%
TOTAL SALES
84
76
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
25%
18%
$1,601,000 $1,563,500 $2,048,723 $1,839,609
2% $1,488,600 11% $1,622,005
8%
26%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.60
$1.55
$1.54
$1.54
$1.50
$1.49
$1.46
1.72
1.72
1.70
1.60
1.58
1.58
420
391
318
312
299
306
261
101
78
76
69
59
51
24
Jul-19
Jun-20
Jul-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
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 August 7, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
26
Made with FlippingBook - professional solution for displaying marketing and sales documents online