North Vancouver Condos

North Vancouver
In North Vancouver there are currently 90 active one-bedroom properties for sale, ranging in price from $175,000. to $739,000., with the average asking price being $349,911. There have been 151 sales since April of this year, with the average selling price being $289,255. and the average cost per square foot being $419. The least expensive sale price so far this year was for $149,000. in June and the most expensive was for $710,000. in July. With 90 properties currently for sale and 34 sales in July, there is a 2 & 1/2 month supply of homes.

In North Vancouver there are currently 218 active two-bedroom properties for sale, ranging in price from $227,900. to $1,650,000., with the average asking price being $532,461. There have been 237 sales since April of this year, with the average selling price being $417,146. and the average cost per square foot being $416. The least expensive sale price so far this year was for $170,000. in January and the most expensive was for $1,465,000. in July. With 218 properties currently for sale and 44 sales in July, there is almost a 5 month supply of homes.

Lower Lonsdale
In Lower Lonsdale there are currently 33 active one-bedroom properties for sale, ranging in price from $239,900. to $478,000., with the average asking price being $356,015. There have been 73 sales since April of this year, with the average selling price being $297,484. and the average cost per square foot being $444. The least expensive sale price so far this year was for $160,000. in June and the most expensive was for $449,900. in July. With 33 properties currently for sale and 12 sales in July, there is a 2 & 3/4 month supply of homes.

In Lower Lonsdale there are currently 47 active two-bedroom properties for sale, ranging in price from $274,900. to $1,199,000., with the average asking price being $526,267. There have been 82 sales since April of this year, with the average selling price being $443,013. and the average cost per square foot being $445. The least expensive sale price so far this year was for $198,000. in May and the most expensive was for $1,465,000. in July. With 47 properties currently for sale and 18 sales in July, there is a 2 & 1/2 month supply of homes.

The Pier
In The Pier there are currently 7 active one-bedroom properties for sale, ranging in price from $419,000. to $478,000., with the average asking price being $450,971. There have been 5 sales since April of this year, with the average selling price being $393,080. and the average cost per square foot being $575. The least expensive sale price so far this year was for $346,000. in May and the most expensive was for $449,900. in July. With 7 properties currently for sale and 2 sales in July, there is a 3 & 1/2 month supply of homes.

In The Pier there are currently 12 active two-bedroom properties for sale, ranging in price from $475,000. to $849,900., with the average asking price being $618,066. There have been 6 sales since April of this year, with the average selling price being $607,500. and the average cost per square foot being $582. The least expensive sale price so far this year was for $470,000. in May and the most expensive was for $820,000. in April. With 12 properties currently for sale and 1 sale in July, there is a 12 month supply of homes.

Things to note:
1. The best opportunity for a buyer right now would appear to be in the 2-bedroom category in The Pier development.
2. The least expensive 1-bedroom condo to sell so far this year was in June; the most expensive in July.
3. The least expensive 2-bedroom condo to sell so far this year was in January; the most expensive in July.
4. According to statistics from the Real Estate Board of Vancouver, the benchmark price for a condo property in North Vancouver is up over 10% from the beginning of the year. So still down from what is was last year at this time, but trending up.

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