March Market Update
This is the price analysis for March 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 22% Sales Ratio average (2.2 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 57% Sales Ratio (Sellers market speed)
- Buyers Best Bet**Homes $3 mil plus, Canyon Heights, Forest Hills and minimum 7 bedroom properties
- Sellers Best Bet**Selling homes in Lower Lonsdale, Lynn Valley and up to 4 bedroom properties
Attached
- Sellers market at 85% Sales Ratio average (8.5 in 10 homes selling rate)
- Homes are selling on average 2% above list price
- Most Active Price Band**$400,000 to $600,000 with average >100% Sales Ratio (Sellers market speed)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Roche Point and minimum 7 bedroom properties
- Sellers Best Bet**Selling homes in Hamilton, Lower Lonsdale, Lynn Valley, Pemberton and up to 2 bedroom properties