northvancouver CONDO-APRIL 2021
SALESTO LISTINGSRATIO 74% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 12% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2020
▲ 8% VS2020
▲ 5% VS2020
▲ 358% VS2020
Therewere277condolistingsinNorthVancouverin April,14%aboveMarchand5%higherthanApril2020.
Aprilcondosalesincreasedby2.0%month-over-month, to206,andwere358%aboveApril2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 83% 202 244
%Change
Thesales-to-listingratioforcondosinNorthVancouver, at74%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
74% 206 277
$782 $750,976 $650,000 17% 45 265
338% 358% 5%
0.8% -10% 2% 14%
ThecondomedianpriceinAprilwas$701,750,a0.8% increasefromMarchand8%aboveApril2020. Theaveragesoldpricewas$812,314,6%abovelast month;theaveragePSFsalepricewas$877,up2.0%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$877 $812,314 $701,750
$860 $769,179 $696,500
12% 8% 8%
2% 6%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
429
481
464
358
357
399
277 206
244
300
265
231
124 239
220
141
202
140
120
10
141
127
92
92
45
54
$720K
$702K
$699K
$697K
$690K
$675K
$668K
$665K
$650K
$647K
$645K
$624K
$620K
NORTHVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
95%
4+bdrms
1
87%
84%
60
69%
69%
15
57%
3bdrms
25
40
44%
121
22%
2bdrms
20
160
0
70
<$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
9 4 44%
69 60 87%
88 61 69%
51 43 84%
22 21 95%
13 9 69%
7 4 57%
18 4 22%
91
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