CONDO JULY north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 5 % UP
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 30 %
7 % DOWN
5 % UP
25 % UP
The number of condo listings in North Vancouver increased to 398 in July, 9% higher month-over- month but 7% below July 2019. Condo sales were 9% higher month-over-month, at 120, and increased 25% year-over-year. The sales-to-listings ratio was unchanged at 30%, as the condo market for North Vancouver remained favourable to sellers. The condo benchmark price, at $582,600, was 1.3% higher month-over-month and 5% above July 2019. The average sold price of $698,613 was up 8% vs June, while at $790, the average PSF sales price was 0.8% higher month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 365 110 30%
% Change
No. 430
% Change
TOTAL LISTINGS
398 120 30%
9% 9%
-7% 25% 35%
TOTAL SALES
96
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
0.0%
22%
$582,600 $575,000 $698,613 $647,315
1.3% $554,600 8% $665,826
5% 5% 5%
$790
$784
0.8%
$749
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$554,600 $546,500 $545,500 $558,300 $584,800 $577,200 $582,600
430
398
368
321
311
279
246
120
100
99
96
83
63
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
6
3+ bdrms
BUYER'S MARKET
33
72
2 bdrms
238
42
<2 bdrms
. . . . 0 0 0 0
127
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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