North Vancouver Real Estate Market Update January 2020

Data sourced from SnapStats Publishing.

January Market Update

This is the price analysis for January 2020 in North Vancouver. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends!

DETACHED

  • Market Type Indicator NORTH VANCOUVER DETACHED: Buyers Market at 11% Sales Ratio average (1.1 in 10 homes selling rate)
  • Homes are selling on average 7% below list price
  • Most Active Price Band** $2.5 mil to $2.75 mil with average 20% Sales Ratio (Balanced market)
  • Buyers Best Bet** Homes between $1.75 mil to $2 mil, Canyon Heights and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Lynn Valley and 3 to 6 bedroom properties
**with a minimum inventory of 10 in most instances

Attached

  • Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 25% Sales Ratio average (2.5 in 10 homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $400,000 to $500,000 with average 67% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Northlands and minimum 4 bedroom properties
  • Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Pemberton and up to 1 bedroom properties
**with a minimum inventory of 10 in most instances

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Data sourced from SnapStats Publishing. North Vancouver Real Estate Market Update January 2020