TOWNHOME MARCH north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
47 % DOWN
6 % UP
13 % UP
43 % UP
SELLER’S 42 %
At 71, the number of townhome listings in North Vancouver were down 5% vs last month and 47% below March 2019. The 30 townhome sales in March were up 4 from February and 9 above March 2019. The sales-to-listings ratio increased to 42%, as North Vancouver’s townhome market continued to be favourable to sellers. March’s benchmark price was $967,200, increasing 1.7% from February and 1.5% above March of last year. The average sold price was $1.03M (5% above February) while the average PSF sales price was $682 (a 9% increase from February).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 134
% Change
TOTAL LISTINGS
71 30
75 26
-5% 15% 22%
-47% 43% 170% 1.5%
TOTAL SALES
21
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
42%
35%
16%
$967,200 $951,100 $1,027,203 $974,677
1.7% $952,700 5% $968,352
6%
$682
$628
9%
$604
13%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$952,700 $953,200 $944,100 $937,100 $937,100 $947,400 $967,200
148
147
134
129
98
82
71
41
34
30
28
21
21
11
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4
4+ bdrms
BUYER'S MARKET
15
20
3 bdrms
34
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD
22
S-L RATIO SALES INVENTORY
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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