DETACHED MARCH north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
SELLER’S 25 %
31 % DOWN
3 % UP
1.4 % DOWN
The 276 detached listings in North Vancouver in March were up 2% from February but 31% below March 2019. The 69 detached sales in March represented a 3% decrease vs February and were 1.4% below March 2019. The sales-to-listings ratio slightly decreased to 25%, as North Vancouver’s detached segment remained in seller’s market territory. The detached benchmark price in March was $1.55M—relatively unchanged month-over-month and 2% above this time last year. The average sold price was $1.73M in March, 0.8% below February but up 3% year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 270
% Change
No. 399
% Change
TOTAL LISTINGS
276
2%
-31% -1.4%
TOTAL SALES
69
71
-3% -5%
70
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
25%
26%
18%
43%
$1,551,400 $1,546,400 0.3% $1,514,000 $1,730,572 $1,745,013 -0.8% $1,677,007
2% 3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.55
$1.54
$1.51
$1.51
$1.50
$1.49
$1.46
1.69
1.66
1.66
1.63
1.60
1.59
475
420
399
391
312
276
261
105
78
76
70
69
59
24
Mar-19
Feb-20
Mar-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
. . . 0 0 0 0 0 QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of April 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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