north vancouver CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 41% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere241 condolistingsin N orth Vancouverin O ctober,4% below Septem berand 11% lowerthan October2022. O ctobercondosalesincreased by17% m onth-over-m onth,to98,and were11% aboveO ctober 2022. Thesales-to-listing ratio forcondosin N orth Vancouver, at41% ,reflected aselers'm arket. Thecondom edian pricein Octoberwas$828,500,a1.1% decreasefrom Septem berand 27% aboveO ctober2022. Theaveragesold pricewas$907,187,1.4% abovelast m onth;theaveragePSF salepricewas$1,009,up 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 26% VS 2022
▲ 27% VS 2022
▼ 11% VS 2022
▲ 11% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,009 $907,187 $828,500 41% 98 241
$917 $719,522 $652,500 32% 88 272
10% 26% 27% 26% 11% -11%
$985 $894,479 $838,000 33% 84 252
22% 17% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
2% 1.4% -1.1%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
272
252
243
225
241
221
21 212
202
213
209
205
127
158
121
1
98
79
10
88
98
86
84
76
62
45
$838K $829K
$805K
$795K
$800K $787K
$780K $790K $805K $821K
$739K
$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
80
100%
4+ bdrms
2
60
4
3 bdrms
23
40
46%
43%
40%
33%
53
20
22%
2 bdrms
17%
127
0
41
<$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
21 21 100%
80 26 33%
50 23 46%
35 15 43%
27 6 22%
10 4 40%
18 3 17%
89
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