North Vancouver Real Estate Market Update January 2017

January 2017 Market Update

This is the price analysis for the month of January 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: Balanced Market at 16% Sales Ratio average (1.6 in 10 homes selling rate).
  • Homes are selling on average 3% below list price.
  • Most Active Price Band** $1 mil to $1.25 mil with average 43% sales ratio (seller market).
  • Buyers Best Bet** Homes between $1.75 to $2 mil, Canyon Heights and 5 to 6 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 VANCOUVNER ATTACHED: Seller market at 47% Sales Ratio Average (4.7 in 10 homes selling rate).
  • Homes are selling on average at list price.
  • Most Active price band** $500,00 to 700,00 with average> 100% Sales Ratio(Sellers market).
  • Buyers Best Bet**Homes between $1 mil to 1.25 mil, Lynn Valley and 3 bedroom properties.
  • Sellers Best Bet** Selling homes in Lower Lonsdale, Pemberton, Roche Point and up to 1 bedroom properties.
**with a minimum inventory of 10 in most instances

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