North Vancouver Real Estate Market Update Nov 2016
November Market Update
This is the price analysis for the month of November 2016 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: Sellers market at 24% Sales Ratio average (2.4 in 10 homes selling rate)
- Homes are selling on average 6% below list price.
- Most Active Price Band** $1.25 mil to $1.5 mil with average 74% Sales Ratio ( Sellers market)
- Buyers best bet** Homes between $2.5 to $ 2.75 mil & $3 to $3.5 mil, Central Lonsdale and minimum 7 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 Vancouver ATTACHED : Sellers market at 64% Sales Ratio average (6.4 in homes selling rate)
- Homes are selling on average 3%below list price
- Most Active price band** $400,00 to $600,000 with average > 100% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1 mil to $1.25 mil, Lynnmour and 3 bedroom properties
- Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Pemberton and up to 1 bedroom properties