November Market Update
This is the price analysis for the month of November 2016 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 24% Sales Ratio average (2.4 in 10 homes selling rate)
- Homes are selling on average 6% below list price.
- Most Active Price Band** $1.25 mil to $1.5 mil with average 74% Sales Ratio ( Sellers market)
- Buyers best bet** Homes between $2.5 to $ 2.75 mil & $3 to $3.5 mil, Central Lonsdale and minimum 7 bedroom properties.
- Sellers Best BEt** Selling homes in Lynn Valley, Upper Lonsdale and 3 to 4 bedroom properties.
**With a minimum inventory of 10 in most instances
Market Summery
- Official Market Type North Vancouver ATTACHED : Sellers market at 64% Sales Ratio average (6.4 in homes selling rate)
- Homes are selling on average 3%below list price
- Most Active price band** $400,00 to $600,000 with average > 100% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1 mil to $1.25 mil, Lynnmour and 3 bedroom properties
- Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Pemberton and up to 1 bedroom properties