North Vancouver and West Vancouver Market Update October 2020

Data sourced from SnapStats Publishing.

October Market Update

This is the price analysis for October 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 53% Sales Ratio average (5.3 in 10 homes selling rate)
  • Homes are selling on average 2% below 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, Canyon Heights, Edgemont and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Blueridge, Lynn Valley, Upper Delbrook and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances


ATTACHED

  • Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 39% Sales Ratio average (3.9 in 10 homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $500,000 to $600,000 with average 63% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Edgemont, Norgate and up to 1 bedroom properties
  • Sellers Best Bet** Selling homes in Harbourside, Lynn Valley, Roche Point and minimum 4 bedroom properties
**With minimum inventory of 10 in most instances


WEST VANCOUVER

DETACHED

  • Market Type Indicator WEST VANCOUVER DETACHED: Balanced Market at 18% Sales Ratio average (1.8 in 10 homes selling rate)
  • Homes are selling on average 10% below list price
  • Most Active Price Band** $2 mil to $2.25 mil with average 43% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes minimum $5 mil, British Properties, Chartwell, Glenmore, Lions Bay and 3 to 4 bedroom properties
  • Sellers Best Bet** Selling homes in Ambleside, Eagle Harbour and up to 4 / minimum 5 bedroom properties
**With minimum inventory of 10 in most instances


ATTACHED

  • Market Type Indicator WEST VANCOUVER ATTACHED: Balanced Market at 17% Sales Ratio average (1.7 in 10 homes selling rate
  • Homes are selling on average 4% below list price
  • Most Active Price Band** $800,000 to $900,000 with average 78% Sales Ratio (Sellers market
  • Buyers Best Bet** Homes between $1.75 mil to $2 mil / $2.25 mil to $2.5 mil / $3.5 mil to $4 mil and Am bleside
  • Sellers Best Bet** Selling homes in Panorama Village and 2 bedroom properties
**With minimum inventory of 10 in most instances