Data sourced from SnapStats Publishing.
August Market Update in North Vancouver
This is the price analysis for August 2022 in North Vancouver. See seller and buyer’s sales ratio, most active price band, most active neighbourhoods and property values.
NORTH VANCOUVER
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 5% below list price
- Most Active Price Band** $1.25 mil to $1.5 mil with average 67% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $3.5 mil to $4 mil, Lynn Valley, Westlynn and up to 2 bedroom properties
- Sellers Best Bet** Selling homes in Central Lonsdale and minimum 3 bedroom properties
**With minimum inventory of 10 in most instances
ATTACHED
- Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 29% Sales Ratio average (2.9 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $400,000 to $500,000 with average 55% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Lynnmour and 3 bedroom properties
- Sellers Best Bet** Selling homes in Lynn Valley, Roche Point and up to 1 bedroom properties
**With minimum inventory of 10 in most instances
