April Market Update
This is the price analysis for April 2018 in North Vancouver. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends!
DETACHED
- Balanced market at 20% Sales Ratio average (21% is a Sellers market)
- Homes are selling on average 4% below list price
- Most Active Price Band** $1.25 mil to $1.5 mil with average 50% Sales Ratio (Sellers market speed)
- Buyers Best Bet** Homes $3.5 mil to $4 mil, Edgemont, Forest Hills and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Westlynn and 3 to 4 bedroom properties
Attached
- Sellers market at 64% Sales Ratio average (6.4 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band” $400,000 to $600,000 with average >100% Sales Ratio (Sellers market speed)
- Buyers Best Bet** Homes between $900,000 to $1 mil, Norgate and 5 to 6 bedroom properties
- Sellers Best Bet** Selling homes in Hamilton, Upper Lonsdale and up to 2 bedroom properties
