north vancouver DETACHED -JULY 2023
SALES TO LISTINGSRATIO 30% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2022
▲ 3% VS 2022
▼ 13% VS 2022
▲ 29% VS 2022
Therewere192 detached listingsin N orth Vancouverin July,9% below Juneand 13% lowerthan July2022. July detached hom esalesdecreased by 35% m onth-over-m onth,to58,and were29% aboveJuly 2022. Thesales-to-listing ratio fordetached in N orth Vancouver,at30% ,reflected aselers'm arket.
THISMONTH No. $2,292,138 $2,070,500 30% 58 192
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,096,929 $2,020,000 20% 45 221
48% 29% -13%
$2,268,665 $2,200,000 42% 89 210
-29% -35% -9%
Thedetachedm edian pricein Julywas$2,070,500,a6% decreasefrom Juneand 3% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,292,138,1.0% abovelast m onth and up 9% toJuly2022.
1% -6%
9% 3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
236
210
210
221
195
192
205
1.80
1.73
160
1.65
170
1.61
161
1.56
1.55
105
133
122
89
17
64
62
55
78
47
45
58
50
18
42
25
$2.20M $2.07M
$2.14M $2.25M
$2.02M
$2.01M $1.93M $1.91M $1.86M $1.86M $1.99M
$1.84M $1.85M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
70
100%+
60
50
40
56%
30
42%
20
17%
10
11%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
2 0 n/a
0 1 n/a
1 0 n/a
3 4 133%
36 20 56%
45 19 42%
41 7 17%
64 7 11%
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