north vancouver TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 2% VS 2022
▼ 18% VS 2022
▲ 19% VS 2022
Therewere66 townhom elistingsin N orth Vancouverin July,3% below Juneand 18% lowerthan July2022. Julytownhom esalesdecreased by22% m onth-over-m onth,to25,and were19% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at38% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$1,330,000,a 3% decreasefrom Juneand 2% aboveJuly2022. Theaveragesold pricewas$1,306,008,5% below last m onth;theaveragePSF salepricewas$882,up 6% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
25 66
21 80
14% 4% 2% 44% 19% -18%
32 68
-20% -22% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$882 $1,306,008 $1,330,000 38%
$775 $1,255,252 $1,300,000 26%
$832 $1,376,106 $1,365,500 47%
6% -5% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
90
80
83
68
67
63
66
61
47
32 56
54
41
52
32
19
25
21
23
21
20
18
14
12
$1.34M $1.30M $1.38M $1.39M $1.32M $1.35M $1.37M $1.33M
$1.30M
$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
7
4+ bdrms
13
15
9
3 bdrms
28
46%
10
42%
33%
33%
8
2 bdrms
5
23
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
0 1 n/a
1 0 n/a
9 3 33%
13 6 46%
21 7 33%
19 8 42%
3 0 n/a
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