northvancouver TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 161% SELLERS'MARKET
▶ MARKETSUMMARY Therewere18townhomelistingsinNorthVancouverin December,63%belowNovemberand74%lowerthan December2020. Decembertownhomesalesdecreasedby24% month-over-month,to29,andwere24%below December2020. Thesales-to-listingratiofortownhomesinNorth Vancouver,at161%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas $1,343,000,a4%increasefromNovemberand23% aboveDecember2020. Theaveragesoldpricewas$1,363,897,6%abovelast month;theaveragePSFsalepricewas$850,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 22% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 23% VS2020
▼ 74% VS2020
▼ 24% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
29 18
38 68
188% -24% -74%
38 48
104% -24% -63%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$850 $1,363,897 $1,343,000 161%
$694 $1,093,562 $1,089,500 56%
$801 $1,283,532 $1,288,000 79%
6% 6% 4%
22% 25% 23%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
94
88
86
76 77
75
68
62
73
72
67
55
52
48
59
51
38
45
38
38
37
29
32
30
25
18
$1.34M
$1.29M
$1.28M
$1.28M
$1.29M
$1.20M
$1.21M
$1.18M
$1.19M
$1.16M $1.16M
$1.15M
$1.09M
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
5
100%+
100%+ 100%+ 100%
4+bdrms
10
1
8
19
60%
3bdrms
10
6
4
3
2bdrms
7
2
0
2
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
0 1 n/a
1 5 500%
5 3 60%
7 12 171%
3 6 200%
2 2 100%
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 30 ●
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