north vancouver DETACHED -JANUARY 2023
SALES TO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 20% VS 2022
▼ 17% VS 2022
▲ 33% VS 2022
▼ 51% VS 2022
Therewere122 detached listingsin N orth Vancouverin January,4% aboveD ecem berand 33% higherthan January2022. January detached hom esalesdecreased by m onth-over-m onth,to 18,and were51% below January 2022. Thesales-to-listing ratio fordetached in N orth Vancouver,at15% ,reflected abalanced m arket. Thedetachedm edian pricein Januarywas$1,862,500,a 2% decreasefrom D ecem berand 17% below January 2022. Theaveragesold pricewas$2,007,917,0.7% below last m onth and down 20% toJanuary2022.
THISMONTH No. $2,007,917 $1,862,500 15% 18 122
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
37 92
-20% -17% -63% -51% 33%
$2,022,510 $1,910,000 21% 25 117
-0.7% -2% -31% -28% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,506,384 $2,250,000 40%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
242
236
219
210
198
221
1.87
205
1.73
157
1.63
1.63
143
161
17
1.44
1.43
122
17
95
92
63
62
55
79
79
50
45
42
37
18
25
$2.25M $2.30M $2.32M $2.27M
$2.20M $2.03M $2.02M
$2.01M $1.93M $1.91M $1.86M
$1.84M $1.85M
Jan-22
Dec-22
Jan-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
40
30
20
31%
10
20%
15%
11%
3%
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-L RATIO SALES INVENTORY
1 0 n/a
2 0 n/a
5 1 20%
32 10 31%
26 4 15%
19 2 11%
37 1 3%
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