Best Performing Neighbourhoods in North Vancouver, May 2022


Condos and Townhomes in North Van 

The North Vancouver condo and townhome market is still very hot, while other Vancouver areas are seeing a slowdown. Condos and townhomes in North Vancouver sold at a 71% sales ratio in May, from 272 new listings and 192 sales. 

Roche Point and Indian River Condos and Townhomes Selling Fast

Roche Point and Indian River condos and townhomes sold extremely well, bringing in a 228% sales ratio from 8 new listings and 18 sales. Pemberton Heights, Harbourside and Edgemont condos and townhomes were also extremely popular, producing a 157% sales ratio from 7 new listings 11. 

$300k-$600k Condos and Townhomes are Extremely Hot

$300k-$600k condos and townhomes are extremely hot right now, selling at 126% sales ratio from 27 new listings and 34 sales. $900k – $1M condos and townhomes are also extremely popular, bringing in a 126% sales ratio from 19 new listings and 24 sales. $1.75M – $2M condos and townhomes are also seeing fast sales with a 100% sales ratio from 10 new listings and 10 sales. 

Single Family Homes in North Vancouver

Single family homes in North Vancouver are selling slightly faster than the rest of the Vancouver area as well this month. Homes in North Vancouver had a 37% sales ratio from 216 new listings and 79 sales. These homes also sold at an average 105% sales to list price ratio. 

Lynn valley, Princess Park and Tempe See Sales Ratios Above 100%

The areas of Lynn valley, Princess Park and Tempe had the most action this month for home sales in North Vancouver. These neighbourhoods had 11 new listings and 17 sales, producing a 155% sales ratio. As well, homes in Norgate and Mosquito Creek were popular, bringing in a 167% sales ratio from 3 new listings and 5 sales. 

2 Bedroom or Less Homes Selling the fastest

North Vancouver homes with 2 bedrooms or less are selling the best this month, with a 57% sales ratio from 7 new listings and 4 sales. After this, 3 – 4 bedroom homes in North Vancouver are selling at a 46% sales ratio from 106 new listings and 49 sales. 

Want to Explore More About the Real Estate Movement in North Vancouver?

Talk to Ken & Samantha to get more details which houses, townhomes & condos sold (and which did not) recently.

Listings in Featured

4A - 1596 West 14th Avenue, Fairview VW, Vancouver West photo number 2
sold
4A - 1596 West 14th Avenue  
Fairview VW, Vancouver West
$4,188,000 Condo 2 Beds 3 Baths 2,143
2246 W 20th Avenue, Arbutus, Vancouver West photo number 2
2246 W 20th Avenue  
Arbutus, Vancouver West
$6,988,000 House 7 Beds 8 Baths 4,249 sqft

Listed by Renanza Realty Inc..

46472 Lear Drive, Sardis East Vedder, Chilliwack photo number 2
sold
46472 Lear Drive  
Sardis East Vedder, Chilliwack
$1,025,000 House 4 Beds 4 Baths 2,723 sqft

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
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.