North Vancouver Market Update May 2022

Data sourced from SnapStats Publishing.

May Market Update in North Vancouver

This is the price analysis for May 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: Sellers market at 37% Sales Ratio average (3.7 in 10 homes selling rate)
  • Homes are selling on average 5% above list price
  • Most Active Price Band**$1.5 mil to $1.75 mil with average 94% Sales Ratio (Sellers market)
  • Buyers Best Bet**Homes between $4 mil to $4.5 mil, Upper Delbrook,Westlynn and minimum 7 bedroom properties
  • Sellers Best Bet**Selling homes in Lynn Valleyand 3 to 4 bedroom properties

**With minimum inventory of 10 in most instances


ATTACHED

  • Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers M market at 71% Sales Ratio average (7.1 in 10 homes selling rate)
  • Homes are selling on average 2% above list price
  • Most Active Price Band**$900,000 to $1 mil with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet**Homes between $1.5 mil to $1.75 mil, Capilano, Lynnm ourand minimum 4 bedroom properties • Sellers BestBet**Selling homes in Central Lonsdale,Lynn Valley, Roche Pointand up to 1 bedroom properties

**With minimum inventory of 10 in most instances


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