North Vancouver Real Estate Market Update Feb 2017

February Market Update

This is the price analysis for the month of February 2017 in North Vancouver. It includes detailed information on detached homes, attached condos and townhomes. Take a look at the current market trends!

Market Summery

  • Official Market type NORTH VANCOUVER DETACHED: Sellers Market at 40% Sales Ratio average (4 in 10 homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band** $1 mil to $1.75 mil with average 100% sales ratio (sellers market)
  • Buyers Best Bet** Homes between $2.75 to $3 mil, Canyon Heights, Edgmont, Forest Hills, Upper Delbrook and up to 7 bedrooms.
  • Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley , Upper Lonsdale and up to 2 bedroom properties.
**with a minimum inventory of 10 in most instances

Market Summery

  • Official Market Type NORTH VANCOUVNER ATTACHED: Sellers market at 84% Sales Ratio average (8.4 in 10 homes selling rate)
  • Homes are selling on average at list price
  • Most Active price band** $300,00 to 400,00 with average> 100% Sales Ratio(Sellers market)
  • Buyers Best Bet**Homes between $800,000 to $900,000, Hamilton, Lynn Valley, Lynnmour and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Central Lonsdale, Lower Lonsdale, Pemberton, Roche Pointe and up to 1 bedroom properties.
**with a minimum inventory of 10 in most instances

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