North Vancouver Real Estate Market Update May 2018



May Market Update

This is the price analysis for May 2018 in North Vancouver. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends!

DETACHED

  • Sellers Market at 21% Sales Ratio average (2.1 in 10 homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band* $1.5 mil to $1.75 mil with average 50% Sales Ratio (Sellers market)
  • Buyers Best Bet* Homes between $2.25 mil to $2.5 mil, Dollarton and minimum 7 bedroom properties
  • Sellers Best Bet* Selling homes in Boulevard, Westlynn and up to 2 bedroom properties
**with a minimum inventory of 10 in most instances
Detached | North Vancouver Real Estate Market Update May 2018

Attached

  • Sellers Market at 50% Sales Ratio average (5 in 10 homes selling rate)
  • Homes are selling on average 1% above list price
  • Most Active Price Band** $800,000 to $900,000 with average > 100% Sales Ratio (Sellers market)
  • Buyers Best Bet* Homes between $1.25 mil to $1.5 mil, Lynnmour and minimum 4 bedroom properties
  • Sellers Best Bet Selling homes in Hamilton, Pemberton, Upper Lonsdale and up to 1 bedroom properties
**with a minimum inventory of 10 in most instances
Attached | North Vancouver Real Estate Market Update May 2018

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