rennie review - January 2020

TOWNHOME - DECEMBER 2019 north vancouver

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 7 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

5 % DOWN

34 % DOWN

2 % UP

5 % UP

SELLER’S 33 %

At 64, the number of townhome listings in North Vancouver were down 33% vs last month and 34% below December 2018. The 21 townhome sales in December were down by 13 from November but 1 above December 2018. The sales-to-listings ratio slightly decreased, to 33%, as North Vancouver’s townhome market remained favourable to sellers. December’s benchmark price was $928,500, 0.9% below November and down 7% from December of last year. The average sold price was $1.03M (8% above November) while the average PSF sales price was $646 (1.6% above November).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

64 21

96 34

-33% -38%

97 20

-34%

TOTAL SALES

5%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

33%

35%

-7%

21%

59% -7%

$928,500 $937,100 $1,031,182 $952,182

-0.9% $994,300 8% $1,009,967

2%

$646

$636

1.6%

$678

-5%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$994,300 $956,500 $947,000 $946,600 $960,200 $936,300 $928,500

155

148

135

113

111

97

64

38

29

29

27

24

21

20

NORTH VANCOUVER REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY



SELLER'S MARKET

  

BALANCED





3

BUYER'S MARKET

4+ bdrms



8







13



3 bdrms

37







5





<3 bdrms

. . . . 0 0 0 0 QD QD      QD                

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S-L RATIO SALES INVENTORY

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 January 6, 2020. All data from RealEstateBoardof 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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