north vancouver CONDO -JULY 2023
SALES TO LISTINGSRATIO 44% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.1% VS 2022
▲ 11% VS 2022
▼ 6% VS 2022
▼ 6% VS 2022
Therewere221 condolistingsin N orth Vancouverin July,1.8% below Juneand 6% lowerthan July2022.
Julycondosalesdecreased by20% m onth-over-m onth,to 98,and were6% below July2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 44% 104 235
% Change
No. 54% 122 225
% Change
Thesales-to-listing ratio forcondosin N orth Vancouver, at44% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$950 $824,404 $804,900 44% 98 221
-6% -6%
-18% -20% -1.8%
Thecondom edian pricein Julywas$804,900,a2.0% increasefrom Juneand 11% aboveJuly2022. Theaveragesold pricewas$824,404,5% below last m onth;theaveragePSF salepricewas$950,down 6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
2% -1.1% 11% 0.2%
$1,012 $865,491 $789,450
-6% -5% 2%
$927 $833,841 $722,500
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
243
272
264
225
235
21 212
221
202
213
209
207
127
158
122
1
104
88
98
79
10
76
61
62
57
45
$805K
$795K
$800K $787K $780K $789K $805K
$739K
$723K $700K $712K
$716K
$653K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
100%
4+ bdrms
3
50
68%
40
6
58%
3 bdrms
54%
23
30
46%
20
58
2 bdrms
15% 13%
121
10
0
34
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 1 100%
26 15 58%
61 33 54%
47 32 68%
26 12 46%
27 4 15%
8 1 13%
25 0 n/a
74
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