northvancouver DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 81% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▲ 27% VS2020
▼ 9% VS2020
▲ 395% VS2020
Therewere225detachedlistingsinNorthVancouverin April,11%aboveMarchand9%lowerthanApril2020. Aprildetachedhomesalesincreasedby5% month-over-month,to183,andwere395%aboveApril 2020. Thesales-to-listingratiofordetachedinNorth Vancouver,at81%,reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 86% 174 203
%Change
TOTALLISTINGS TOTALSALES
81% 183 225
$1,812,688 $1,518,000 15% 37 248
445% 395% -9%
-2% 1.2% -5% 5% 11%
ThedetachedmedianpriceinAprilwas$1,935,000,a 1.2%increasefromMarchand27%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,102,156,2%belowlast monthanddown16%toApril2020.
$2,152,944 $1,912,500
$2,102,156 $1,935,000
16% 27%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
306
284
276
290
245
248
265
1.66
1.651.67 1.70 1.62
225
203
197
183
1.41
174
129
127
145
99
127 127
83
102
93
88
80
37
49
46
$1.91M $1.95M
$1.94M
$1.84M
$1.80M
$1.77M
$1.76M
$1.74M
$1.74M
$1.72M
$1.71M
$1.59M
$1.52M
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
80
100%
100%
100%
100%+
100%
60
65%
40
32%
20
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
1 1 100%
1 0 n/a
2 0 n/a
1 1 100%
13 13 100%
76 81 107%
50 50 100%
34 22 65%
47 15 32%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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