North Vancouver Single Family Home Update

There are currently 312 single family homes for sale in North Vancouver ranging in price from $549,900 for a 2 bedroom 1,500 square foot house in Westlynn to $14,900,000 for a 7 bedroom, 13,000 square foot waterfront home on Panorama.

There have been 423 sales since April 1st, with the average sale price during that time coming in at $1,070,284 and the median sale price being $950,000. The least expensive sale price so far this year was for a 5-bedroom, 2,500 square foot Vancouver Special in the Seymour area for $495,000 and the most expensive so far this year was for a 4-bedroom, 6,500 square foot waterfront home in Dollarton for $6,200,000.

With 312 North Vancouver homes currently for sale and taking into account 117 sales last month, there is currently a 2 & 1/2 month supply of homes, meaning the Absorption Rate is 2.5. The Absorption Rate is the ability of the real estate market to absorb or sell all of the houses for sale in a given amount of time. A supply of 3 months or less (a.k.a. an Absorption Rate of 3 or less) generally favours sellers and a supply of 6 months or more generally favours buyers. This is a snapshot of North Vancouver overall and one would want to drill down deeper in individual neighbourhoods where one was interested in purchasing.

Number of Bedrooms in Current North Vancouver Homes For Sale:
There are 2 one (1) bedroom homes
There are 21 two (2) bedroom homes
There are 62 three (3) bedroom homes
There are 103 four (4) bedroom homes
There are 72 five (5) bedroom homes
There are 28 six (6) bedroom homes
There are 17 seven (7) bedroom homes
There are 3 eight (8) bedroom homes
There are 0 nine (9) bedroom homes
There are 0 ten (10) bedroom homes
There is 0 eleven (11) bedroom homes

(There are currently 36 homes priced under $750,000 in North Vancouver)

North Vancouver Homes For Sale By Community:
Blueridge – 10
Boulevard – 8
Braemar – 4
Calverhall – 10
Canyon Heights – 28
Capilano Highlands – 15
Capilano – 5
Central Lonsdale – 10
Deep Cove – 24
Delbrook – 3
Dollarton – 6
Forest Hills – 5
Grouse Woods – 8
Hamilton – 6
Hamilton Heights – 0
Indian Arm – 8
Indian River – 4
Lower Lonsdale – 10
Lynn Valley – 33
Lynnmour – 5
Norgate – 4
Northlands – 2
Pemberton Heights – 7
Pemberton – 6
Princess Park – 10
Queensbury – 5
Roche Point – 1
Seymour – 12
Tempe – 3
Upper Delbrook – 5
Upper Lonsdale – 34
Westlynn – 10
Westlynn Terrace – 1
Windsor Park – 6
Woodlands – Sunshine – Cascade – 8

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: