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Filer & Welch Metro Vancouver Blog

North Vancouver Real Estate Moving At Lightspeed in October 2021

The selling ratio across North Vancouver properties was a staggering 64.5% in October. Houses moved at 71%, while condos/townhomes moved at 61%, showing extremely strong movements across all property types. 

Some price bands were far above the average. North Vancouver detached houses priced from $1.25M to up to $2.75M were quickly snapped up with 77 homes selling with only 76 new inventory added, resulting in a 101% sales ratio! Detached (condos & townhomes) in the $500k~$600k range had an 130% absorption rate, while $600k~$700k North Vancouver properties trailed at 82%. 

Top 4 Areas Where Houses Flew in North Vancouver

While the whole detached market was moving fast due to low inventory and high demand, these four regions had the most notable activities: 

Top 3 Areas Where Condos/Townhomes Flew in North Vancouver

There were some outlier areas with low condo inventory that resulted in astronomical sales ratios. All 3 Lonsdales were popular as expected in hot real estate markets in popular hoods: 

To get a detailed list of sold properties in any North Vancouver region, please contact the Baxter & Welch team now!


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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.