Data sourced from SnapStats Publishing.
January Market Update in North Vancouver
This is the price analysis for January 2023 in North Vancouver. See seller and buyer’s sales ratio, most active price band, most active neighbourhoods and property values.
NORTH VANCOUVER
DETACHED
DETACHED
- Market Type Indicator NORTH VANCOUVER DETACHED: Balanced Market at 16% Sales Ratio average (1.6 in 10 homes selling rate)
- Homes are selling on average 7% below list price
- Most Active Price Band** $1.5 mil to $1.75 mil with average 40% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $3 mil to $3.5 mil, Westlynn and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Upper Lonsdale and 3 to 6 bedroom properties
**With minimum inventory of 10 in most instances
ATTACHED
- Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 24% Sales Ratio average (2.4 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $800,000 to $900,000 with average 46% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $600,000 to $700,000 / $1.25 mil to $1.5 mil, Lower Lonsdale and minimum 4 bedrooms
- Sellers Best Bet** Selling homes in Lynn Valley and 3 bedroom properties
**With minimum inventory of 10 in most instances
