northvancouver DETACHED-MARCH 2021
SALESTO LISTINGSRATIO
▶ MARKETSUMMARY Therewere196detachedlistingsinNorthVancouverin March,35%aboveFebruaryandnochangetoMarch 2020. Marchdetachedsalesincreasedby86% month-over-month,to164,andwere141%aboveMarch 2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
84% SELLER'S
▲ 21% VS2020
▲ 16% VS2020
- VS2020
▲ 141% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
Thesales-to-listingratiofordetachedinNorth Vancouver,at84%,reflectedaseler'smarket.
No.
%Change
TOTALLISTINGS TOTALSALES
84% 164 196
0% 68 0
21% 16% % 141% %
$2,106,287 $1,953,000 61% 88 145
0.7% -3% 38% 86% 35%
ThedetachedmedianpriceinMarchwas$1,900,000,a 3%increasefromFebruaryand16%aboveMarch2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,122,008,up0.7%from Februaryand21%aboveMarch2020.
$2,122,008 $1,900,000
$1,753,360 $1,641,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
306
284
276
290
245
248
265
1.69
1.68
197
196
1.61
1.60
1.60
1.46
164
129 127
145
99
83
127 127
102
93
68
88
80
49
46
37
$1.90M $1.95M
$1.84M
$1.80M
$1.77M
$1.76M
$1.74M
$1.74M
$1.72M
$1.71M
$1.64M
$1.59M
$1.52M
Mar-20
Feb-21
Mar-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
80
100%+
86%
60
75%
69%
65%
40
47%
20
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+
1 0 n/a
1 0 n/a
4 3 75%
20 13 65%
67 77 115%
43 37 86%
26 18 69%
34 16 47%
S-LRATIO SALES INVENTORY
Copyright©2020renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermissionoftherenniegroupofcompanies.CurentasofJanuary6,2021.AldatafromReal EstateBoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbeenobtainedfromsourcesdeemedreliable,accuracycannotbeguaranteed.renniegroupofcompaniesdoesnotassumeresponsibilityor liabilityforanyinaccuracies.Therecipientoftheinformationshouldtakestepsastherecipientmaydeemnecessarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedas anopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandassociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrennie groupofcompanies.E.&O.E. 7 ●
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