{"id":844,"date":"2022-02-28T20:56:05","date_gmt":"2022-03-01T01:56:05","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=844"},"modified":"2022-05-13T18:17:41","modified_gmt":"2022-05-13T22:17:41","slug":"north-vancouver-real-estate-houses-condos-townhomes-sales-ratio-report-january-2022","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/north-vancouver-real-estate-houses-condos-townhomes-sales-ratio-report-january-2022\/","title":{"rendered":"North Vancouver Real Estate Sales Report for January 2022"},"content":{"rendered":"

More inventory with less sales was the tone for the North Vancouver real estate market in January 2021. This doesn\u2019t mean the market is \u201cslow\u201d by any means – both detached and attached homes enjoyed a sellers\u2019 market with 39% and 63% sales ratios respectively (down from 72% and 119% in December 2021).<\/p>\n

Single Family Homes in North Vancouver Sold Quickly in January 2022<\/h4>\n

With 37 sales and 94 new listings added, North Vancouver houses sold quickly in an average of 8 days on the market. Edgemont, Dollarton, Lynn Valley & Upper Lonsdale houses<\/a> had the highest activity levels posting 17 sales for a net 113% sales ratio. Blueridge, Princess Park & Pemberton<\/a> also had very high sales ratios, but with only 1 sale from each of the 3 hoods amidst a total of 4 listings for a net 75% sales ratio.<\/p>\n

North Vancouver Houses priced $2M to $2.5M<\/a> moved at the fastest pace with a net sales ratio of 82%. With 14 sales, this price band accounted for over 37% of total sales of detached properties in January. Higher price bands had declining sales ratios, but North Vancouver Houses priced $4M to $5M<\/a> had a sudden jump to a 80% sales ratio with 4 sales.<\/p>\n

\"North<\/h4>\n

Condos & Townhomes In North Vancouver Sold Even Faster in January 2022<\/h4>\n

102 attached units traded hands while 163 appeared on the market in North Vancouver last month, selling off quickly at an average of only 7 days on the market. Lynn Valley & Lynnmour condos<\/a> & townhomes<\/a> sold at 97% ratio, with 29 sales and 30 new listings added. Central Lonsdale & Lower Lonsdale condos<\/a> & townhomes<\/a> trailed right behind with 92% sales ratio, selling 46 units while adding 50.<\/p>\n

North Vancouver Condos<\/a> & Townhomes Priced $800k to $1M<\/a> was the busiest with a sales ratio of 138% from the 22 sales in its range. North Vancouver townhomes<\/a> & condos priced $400k to $600k<\/a> trailed closely with a sales ratio of 136% from 15 units selling. These two price bands represented more than a third of all attached unit sales in North Vancouver in January 2022.<\/p>\n

Need a More Detailed Sales Report of North Vancouver Listings?<\/h4>\n

To obtain a more detailed report of North Vancouver\u2019s real estate sales by specific neighbourhoods or unit types, contact the Filer & Welch team<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

North Vancouver had a busy sellers market of a month in December for both houses and townhomes, despite being much slower than December. See which neighbourhoods moved, and which price bands were hot! [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31],"tags":[48,263,163,38,40,260,259,66,113,214,51,50,258,262,261,91,39,218],"class_list":["post-844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","category-real-estate-statistics","tag-attached-homes","tag-blueridge","tag-central-lonsdale","tag-condos","tag-detached-homes","tag-dollarton","tag-edgemont","tag-lower-lonsdale","tag-lynn-valley","tag-lynnmour","tag-north-shore","tag-north-vancouver","tag-pemberton","tag-pemberton-heights","tag-princess-park","tag-single-family","tag-townhomes","tag-upper-lonsdale"],"yoast_head":"\nNorth Vancouver Real Estate Sales Report (January 2022)<\/title>\n<meta name=\"description\" content=\"Slower than December, but still a raging sellers market nonetheless. 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