northvancouver CONDO-DECEMBER 2021
SALESTO LISTINGSRATIO 103% SELLERS'MARKET
▶ MARKETSUMMARY Therewere104condolistingsinNorthVancouverin December,42%belowNovemberand56%lowerthan December2020. Decembercondosalesdecreasedby19% month-over-month,to107,andwere14%below December2020. Thesales-to-listingratioforcondosinNorthVancouver, at103%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$755,000,a 6%increasefromNovemberand14%aboveDecember 2020. Theaveragesoldpricewas$817,484,5%abovelast month;theaveragePSFsalepricewas$933,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 16% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 14% VS2020
▲ 14% VS2020
▼ 56% VS2020
▼ 14% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 52% 124 239
%Change
No. 74% 132 178
%Change
TOTALLISTINGS TOTALSALES
107 104
16% 14% 14% 98% -14% -56%
5% 5% 6% 39% -19% -42%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$933 $817,484 $755,000 103%
$891 $776,012 $709,950
$807 $714,952 $665,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
277
293
267
248
231
239
244 206
222
220
178
208
208
202
137
171
135
107
124
141
135
132
15
104
99
92
$755K
$745K
$720K
$710K
$699K
$702K
$700K
$705K
$697K
$682K
$675K
$665K
$670K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%+ 100%+ 100%+
4+bdrms
30
1
78%
6
3bdrms
20
54%
15
30%
61
10
2bdrms
64
0
40
<$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
13 22 169%
20 36 180%
17 25 147%
18 14 78%
13 7 54%
10 3 30%
13 0 n/a
24
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