North Vancouver Market Update May 2023

Data sourced from SnapStats Publishing.

May Market Update in North Vancouver

This is the price analysis for May 2023 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 56% Sales Ratio average (5.6 in 10 homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** $1.5 mil to $1.75 mil / $2 mil to $2.25 mil with average >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $4 mil to $4.5 mil, Boulevard, Upper Delbrook and minimum 7 bedroom properties
  • Sellers Best Bet** Selling homes in Edgemont, Lynn Valley and 5 to 6 bedroom properties

**With minimum inventory of 10 in most instances


ATTACHED

  • Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 63% Sales Ratio average (6.3 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 >100% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.75 mil to $2 mil, Lynnmour, Pemberton and 3 bedroom properties
  • Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Mosquito Creek and minimum 4 bedroom properties

**With minimum inventory of 10 in most instances

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