North Vancouver and West Vancouver Market Update September 2020

Data sourced from SnapStats Publishing.

September Market Update

This is the price analysis for September 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 49% Sales Ratio average (4.9 in 10 homes selling rate)
  • Homes are selling on average 3% above list price
  • Most Active Price Band** $1 mil to $1.25 mil with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $3 mil to $3.5 mil, Forest Hills, Upper Lonsdale and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Boulevard, Calverhall, 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 31% Sales Ratio average (3.1 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 47% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Edgemont, Lynnmour, Pemberton and minimum 4 bedrooms
  • Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Roche Point, Upper Lonsdale and up to 1 / and 3 bedrooms
**With minimum inventory of 10 in most instances

WEST VANCOUVER

DETACHED

  • Market Type Indicator WEST VANCOUVER DETACHED: Balanced Market at 15% Sales Ratio average (1.5 in 10 homes selling rate)
  • Homes are selling on average 6% below list price
  • Most Active Price Band** $2 mil to $2.25 mil with average 64% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes minimum $5 mil, Altamont, Bayridge, Chartwell, Queens and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Dundarave, Eagle Harbour and up to 2 bedroom properties
**With minimum inventory of 10 in most instances

ATTACHED

  • Market Type Indicator WEST VANCOUVER ATTACHED: Balanced Market at 16% Sales Ratio average (1.6 in 10 homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band** $1.75 mil to $2 mil with average 33% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $2.25 mil to $2.5 mil, Park Royal and 2 bedroom properties
  • Sellers Best Bet** Selling homes in Am bleside, Dundarave, Panorama Village and 3 bedroom properties
**With minimum inventory of 10 in most instances