North Vancouver Condo / Apt Property Statistics (2-Br)

North Vancouver
In North Vancouver there are currently 168 active two-bedroom properties for sale, ranging in price from $279,000. to $1,650,000., with the average asking price being $551,330. There have been 102 sales since August of this year, with the average selling price being $443,749. and the average cost per square foot being $456. 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 168 properties currently for sale and 53 sales in October, there is a 3 month supply of homes*.

Lower Lonsdale
In Lower Lonsdale there are currently 39 active two-bedroom properties for sale, ranging in price from $279,000. to $1,149,000., with the average asking price being $546,344. There have been 49 sales since August of this year, with the average selling price being $477,910. and the average cost per square foot being $496. 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 39 properties currently for sale and 20 sales in October, there is a 2 month supply of homes.

The Pier
In The Pier there are currently 5 active two-bedroom properties for sale, ranging in price from $599,900. to $899,000., with the average asking price being $698,960. There have been 9 sales since August of this year, with the average selling price being $608,544. and the average cost per square foot being $592. 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 5 properties currently for sale and 3 sales in October, there is a 1 & 1/2 month supply of homes.

*Absorption Rate: A supply of under 3 months represents a “Seller’s Market.” A supply of over 6 months represents a “Buyer’s Market.”

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