CONDO MARCH north vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
36 % UP
SELLER’S 36 %
25 % DOWN
12 % UP
14 % UP
The number of condo listings in North Vancouver rose to 273 in March, relatively unchanged month- over-month and 25% below March 2019. Condo sales were unchanged month-over-month at 99, and increased 36% year-over-year. The sales-to-listings ratio remained at 36%, as the condo market for North Vancouver continued to favour sellers. The condo benchmark price, at $582,800, was 1.9% higher year-over-year and 3% above March 2019. The average sold price of $739,450 was up 5% vs February, while at $837, the average PSF sales price increased by 2% month-over-month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 272
% Change
No. 363
% Change
TOTAL LISTINGS
273
0.4% 0.0% -0.4%
-25% 36% 80%
TOTAL SALES
99
99
73
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
36%
36%
20%
$582,800 $572,000 $739,450 $704,187
1.9% $564,200 5% $662,361
3%
12% 14%
$837
$820
2%
$734
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$564,200 $557,100 $554,600 $546,500 $545,500 $558,300 $582,800
452
430
368
363
279
273
246
106
100
99
96
83
73
63
NORTH VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
5
3+ bdrms
30
56
2 bdrms
160
38
<2 bdrms
83
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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