North Vancouver Real Estate Market Update May 2020

Data sourced from SnapStats Publishing.

May Market Update

This is the price analysis for May 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: 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

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