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

North Vancouver
In North Vancouver there are currently 173 active two-bedroom properties for sale, ranging in price from $245,000. to $1,789,000., with the average asking price being $558,136. There have been 157 sales since October, with the average selling price being $463,298. and the average cost per square foot being $476. The least expensive sale price last 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 taking into account the average number of sales per month over the last 3 months, there is currently a 3 & 1/2 month supply of homes*.

Lower Lonsdale
In Lower Lonsdale there are currently 51 active two-bedroom properties for sale, ranging in price from $279,000. to $1,789,000., with the average asking price being $573,556. There have been 48 sales since October, with the average selling price being $488,010. and the average cost per square foot being $512. The least expensive sale price last 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 taking into account the average number of sales per month over the last 3 months, there is currently a 3 & 1/2 month supply of homes.

The Pier
In The Pier there are currently 8 active two-bedroom properties for sale, ranging in price from $540,000. to $1,789,000., with the average asking price being $856,800. There have been 7 sales since October, with the average selling price being $640,685. and the average cost per square foot being $640. The least expensive sale price last year was for $470,000. in May and the most expensive was for $820,000. in April. With 8 properties currently for sale and taking into account the average number of sales per month over the last 3 months, there is currently a 3 & 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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