north vancouver TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere54 townhom elistingsin N orth Vancouverin January,11% below D ecem berand 64% higherthan January2022. Januarytownhom esalesdecreased by26% m onth-over-m onth,to 14,and were13% below January 2022. Thesales-to-listing ratio fortow nhom esin N orth Vancouver,at26% ,reflected aselers'm arket. Thetownhom em edian pricein Januarywas$1,295,000, a3% changefrom D ecem berand 6% below January2022. Theaveragesold pricewas$1,338,707,7% abovelast m onth;theaveragePSF salepricewas$775,down 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.6% VS 2022
▼ 6% VS 2022
▲ 64% VS 2022
▼ 13% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14 54
16 33
-10% -0.6% -6% -47% -13% 64%
19 61
-17% -26% -11%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$775 $1,338,707 $1,295,000 26%
$860 $1,346,313 $1,384,000 48%
$824 $1,255,179 $1,340,000 31%
-6% 7% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
80
80
90
83
63
58
69
51
61
54
41
40
39
48
33
39
37
36
19
21
14
20
18
16
12
$1.38M $1.38M $1.40M
$1.35M $1.33M $1.38M $1.30M
$1.34M $1.30M
$1.27M $1.18M $1.25M $1.20M
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
2
4+ bdrms
15
13
10
3 bdrms
10
30
42%
2
5
25%
25%
22%
2 bdrms
8
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
3 0 n/a
4 1 25%
12 5 42%
16 4 25%
18 4 22%
1 0 n/a
3
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