northvancouver TOWNHOME-MARCH 2021
SALESTO LISTINGSRATIO
▶ MARKETSUMMARY Therewere91townhomelistingsinNorthVancouverin March,20%aboveFebruaryandnochangetoMarch 2020. Marchtownhomesalesremainedthesame month-over-month,to73,andwere143%thesamein March2020. Thesales-to-listingratiofortownhomeinNorth Vancouver,at80%,reflectedaseler'smarket. ThetownhomemedianpriceinMarchwas$1,190,000,a 3%increasefromFebruaryand17%aboveMarch2020. Theaveragesoldpricewas$1,172,154,1.1%abovelast month;theaveragePSFsalepricewas$690,up0.8%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
80% SELLER'S
▲ 14% VS2020
▲ 17% VS2020
- VS2020
▲ 143% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
73 91
0% 30 0
7% 14% 17% % 143% %
73 76
-0.8% -1.1% 3% -16% 0% 20%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$690 $1,172,154 $1,190,000 80%
$696 $1,185,462 $1,155,000 96%
$648 $1,027,203 $1,017,400
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIANPRICE
● MAR2020 ● MAR2021
121
109
104
17
13
92
100
91
97
76
73
73
57
38 68
67
45
39
30
27
42
41
37
34
8
$1.19M $1.16M
$1.18M
$1.09M
$1.06M
$1.05M
$1.05M
$1.04M
$1.02M
$1.01M
$1.00M
$981K
$915K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30
100%+ 100%+
17
25
4+bdrms
82% 82%
18
20
38
3bdrms
15
50%
55
37%
10
16
2bdrms
5
13
0
2
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
8 9 113%
12 15 125%
22 18 82%
28 23 82%
19 7 37%
2 1 50%
S-LRATIO SALES INVENTORY
5
Copyright©2020renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermissionoftherenniegroupofcompanies.CurentasofJanuary6,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbeenobtainedfromsourcesdeemedreliable,accuracycannotbeguaranteed.renniegroupofcompaniesdoesnotassumeresponsibilityorliabilityforanyinaccuracies.Therecipientoftheinformationshould takestepsastherecipientmaydeemnecessarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandassociatesadvisor. Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 6 ●
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