North Vancouver and West Vancouver Market Update November 2020

Data sourced from SnapStats Publishing.

November Market Update

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

NORTH VANCOUVER

DETACHED

  • Market Type Indicator NORTH VANCOUVER DETACHED: Sellers Market at 48% Sales Ratio average (4.8 in 10 homes selling rate)
  • Homes are selling on average 2% above list price
  • Most Active Price Band** $1.25 mil to $1.5 mil with average 100% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $3.5 mil to $4 mil, Upper Lonsdale and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Forest Hills, Lynn Valley and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances
 

ATTACHED

  • Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 36% Sales Ratio average (3.6 in 10 homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band** $300,000 to $400,000 with average 60% Sales Ratio (Sellers market
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Central Lonsdale, Norgate, Pemberton and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Lynn Valley, Mosquito Creek, Roche Point and all except 3 bedroom properties
**With minimum inventory of 10 in most instances
 

WEST VANCOUVER

DETACHED

  • Market Type Indicator WEST VANCOUVER DETACHED: Balanced Market at 17% Sales Ratio average (1.7 in 10 homes selling rate)
  • Homes are selling on average 8% below list price
  • Most Active Price Band** $2 mil to $2.25 mil with average 60% Sales Ratio (Sellers market
  • Buyers Best Bet** Homes minimum $5 mil, Glenmore and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Sentinel Hill and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances
 

ATTACHED

  • Market Type Indicator WEST VANCOUVER ATTACHED: Balanced Market at 14% Sales Ratio average (1.4 in 10 homes selling rate)
  • Homes are selling on average 15% below list price
  • Most Active Price Band** $1.5 mil to $2 mil with average 30% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Park Royal and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Ambleside, Dundarave, Panorama Village and 2 bedroom properties
**With minimum inventory of 10 in most instances