North Vancouver Real Estate Market Update May 2020

Data sourced from SnapStats Publishing.

DETACHED

• Market Type Indicator NORTH VANCOUVER DETACHED: Balanced Market at 20% Sales Ratio average (2 in 10 homes selling rate)
• Homes are selling on average 1% below list price
• Most Active Price Band** $1.5 mil to $1.75 mil with average 46% Sales Ratio (Sellers market)
• Buyers Best Bet** Homes between $3 mil to $3.5 mil, Canyon Heights, Upper Delbrook, Upper Lonsdale and minimum 7 bedrooms
• Sellers Best Bet** Selling homes in Central Lonsdale, Deep Cove, Lynn Valley and 3 to 6 bedroom properties

**with a minimum inventory of 10 in most instances

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ATTACHED

• Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 22% Sales Ratio average (2.2 in 10 homes selling rate)
• Homes are selling on average 5% below list price
• Most Active Price Band** $700,000 to $800,000 with average 32% Sales Ratio (Sellers market)
• Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Central Lonsdale, Northlands, Roche Point and Upper Lonsdale
• Sellers Best Bet** Selling homes in Lynn Valley, Lynnm our and up to 1 bedroom properties

**With minimum inventory of 10 in most instances

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