north vancouver TOWNHOME-OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 15% VS 2022
▲ 18% VS 2022
▼ 3% VS 2022
▼ 17% VS 2022
Therewere87 townhom elistingsin N orth Vancouverin O ctober,9% aboveSeptem berand 3% lowerthan October2022. O ctobertownhom esalesincreased by21% m onth-over-m onth,to 34,and were17% below O ctober 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at39% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,477,000, a14% increasefrom Septem berand 18% aboveO ctober 2022. Theaveragesold pricewas$1,434,288,8% abovelast m onth;theaveragePSF salepricewas$857,up 2.0% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
34 87
41 90
6% 15% 18% -14% -17% -3%
28 80
14% 12% 21% 9%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$857 $1,434,288 $1,477,000 39%
$811 $1,250,294 $1,249,900 46%
$840 $1,329,379 $1,295,000 35%
2% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
90
87
80
80
68
67
66
63
61
47
56
34 56
54
41
52
32
34
32
19
28
25
23
21
14
12
$1.48M
$1.35M $1.37M $1.33M $1.43M
$1.34M $1.30M $1.38M $1.39M $1.32M
$1.30M
$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
30
5
4+ bdrms
25
25
20
20
3 bdrms
43
15
46%
40%
36%
10
29%
8
2 bdrms
20%
17
5
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
3 0 n/a
7 2 29%
14 5 36%
30 12 40%
28 13 46%
5 1 20%
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