north vancouver CONDO -JANUARY 2023
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere202 condolistingsin N orth Vancouverin January,28% aboveD ecem berand 52% higherthan January2022. January condo salesdecreased by 27% m onth-over-m onth,to 45,and were48% below January 2022. Thesales-to-listing ratio forcondosin N orth Vancouver, at22% ,reflected aselers'm arket. Thecondom edian pricein Januarywas$795,000,a11% changefrom D ecem berand 0.6% below January2022. Theaveragesold pricewas$845,131,12% abovelast m onth;theaveragePSF salepricewas$904,up 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.7% VS 2022
▼ 0.6% VS 2022
▲ 52% VS 2022
▼ 48% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$904 $845,131 $795,000 22% 45 202
$938 $859,365 $800,000 65% 87 133
-4% -1.7% -0.6% -66% -48% 52%
$850 $752,051 $716,000 39% 62 158
6% 12% 11% -43% -27% 28%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
254
243
272
235
264
219
202
193
209 152
207
162
162
158
133
104
135
124
88
79
96
87
61 57
62
45
$800K $807K $853K
$805K
$795K
$788K $814K $805K
$723K $700K $712K
$716K
$653K
NORTH VANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
100%
50
4+ bdrms
2
40
2
3 bdrms
30
17
38%
20
29
26% 29%
2 bdrms
115
10
11%
8%
5%
0
14
<$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
1 1 100%
27 7 26%
56 16 29%
42 16 38%
28 3 11%
20 1 5%
15 0 n/a
8%
68
13 1
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