the rennie review - August 2020

TOWNHOME  JULY  north vancouver

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 6 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

19 % DOWN

4 % UP

16 % UP

46 % UP

SELLER’S 34 %

At 120, the number of townhome listings in North Vancouver were up 10% vs last month but 19% below July 2019. The 41 townhome sales in July were up 5% from June and 46% above July 2019. The sales-to-listings ratio decreased to 34%, as North Vancouver’s townhome market remained favourable to sellers. July’s benchmark price was $1.00M, increasing 1.1% from June and 6% above July of last year. The average sold price was $1.05M (4% above June) while the average PSF sales price was $711 (a 0.9% increase from June).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 109

% Change

No. 148

% Change

TOTAL LISTINGS

120

10%

-19% 46% 81%

TOTAL SALES

41

39

5%

28

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

34%

36%

-5%

19%

$1,000,100 $989,000 $1,045,543 $1,003,875

1.1% $944,100 4% $1,001,079

6% 4%

$711

$705

0.9%

$613

16%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$1,000,100

$944,100 $937,100 $937,100 $948,200 $964,300 $974,200

148

129

120

98

98

92

82

41

34

30

28

27

21

11

NORTH VANCOUVER REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY

        

SELLER'S MARKET

  



BALANCED

4

4+ bdrms

BUYER'S MARKET

25





26

3 bdrms

65



 

11

<3 bdrms

. . . . 0 0 0 0 QD QD     QD QD                

30

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.

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