north vancouver DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere242 detached listingsin N orth Vancouverin O ctober,3% below Septem berand 15% higherthan October2022. O ctoberdetached hom esalesincreased by 14% m onth-over-m onth,to 58,and were6% below O ctober 2022. Thesales-to-listing ratio fordetached in N orth Vancouver,at24% ,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$2,030,000,a 1.2% increasefrom Septem berand 0.9% aboveO ctober 2022. Theaveragesold pricewas$2,314,381,3% abovelast m onth and up 3% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2022
▲ 0.9% VS 2022
▲ 15% VS 2022
▼ 6% VS 2022
THISMONTH No. $2,314,381 $2,030,000 24% 58 242
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,238,780 $2,012,500 30% 62 210
3% 0.9% -19% -6% 15%
$2,243,961 $2,005,000 20% 51 249
3% 1.2% 17% 14% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
249
210
210
195
1.92
193
160
192
1.78
170
161
1.61
1.551.55
104
133
122
89
17
1.37
64
55
51
62
47
78
58
58
18
35
25
$2.35M
$2.20M $2.07M
$2.14M $2.25M
$2.01M $1.93M $1.91M $1.86M $1.86M $1.99M
$2.01M $2.03M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
80
70
60
50
64%
40
30
20
19%
18%
12%
10
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
4 0 n/a
1 0 n/a
2 0 n/a
4 0 n/a
42 27 64%
67 13 19%
49 9 18%
73 9 12%
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