Mike Giesbrecht

There are currently 438 condominium apartment homes for sale in North Vancouver ranging in price from $189,900 for a 650 square foot 1-bedroom home in Central Lonsdale, to $2,298,000 for a 3 bedroom, 1,773 square foot home with sweeping harbor views in Lower Lonsdale.

There have been 154 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $290,207 and the median sale price coming in at $280,000.  For 2-bedroom homes, the average sale price was $476,956 and the median sale price was $456,500.  The least expensive sale price so far this year for a 1-bedroom was for a 691 square foot home in a Central Lonsdale co-op for $190,000 and the most expensive so far this year was for a 565 square foot home with nice views of the water for $444,000.  The least expensive sale price so far this year for a 2-bedroom was for a 926 square foot home in Lower Lonsdale for $238,000 and the most expensive so far this year was for a 1,776 square foot penthouse home with fantastic ocean and mountain views in Central Lonsdale for $1,730,000.

With 186 North Vancouver 1-bedroom condos currently for sale and taking into account 23 sales last month, there is currently an 8 month supply of homes, meaning the Absorption Rate is 8.  With 228 North Vancouver 2-bedroom condos for sale and taking into account 45 sales last month, there is currently a 5 month supply of those homes as well,  an Absorption Rate of 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 condos in 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 Condominium Homes For Sale:
There are 8 studio homes
There are 186 one (1) bedroom homes
There are 228 two (2) bedroom homes
There are 16 three (3) bedroom homes
There are 0 four (4) bedroom homes

Price Range of Current North Vancouver Condominium Homes For Sale:
There are currently 69 two-bedroom homes priced under $400,000 in North Vancouver and 81 one-bedroom homes priced under $300,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  7  homes
$ 200,000 - $250,000 – 32
$250,000 - $300,000 – 48
$ 300,000 - $350,000 – 84
$ 350,000 - $400,000 – 66
$ 400,000 - $450,000 – 42
$ 450,000 - $500,000 – 46
$ 500,000 - $550,000 – 25
$ 550,000 - $600,000 – 23
$600,000 - $650,000 - 21
$650,000 - $700,000 - 7
$700,000 - $750,000 - 4
$750,000 - $800,000 – 5
$800,000 - $850,000 - 1
$850,000 - $900,000 - 8
$ 900,000 - $950,000 – 1
$950,000 - $1 million - 2
$ 1 - 1.1 million – 3
$ 1.1 - 1.2 million – 1
$ 1.2 - 1.3 million – 2
$ 1.3 - 1.4 million – 2
$ 1.4 - 1.5 million – 0
$ 1.5 - 1.75 million – 3
$ 1.75 - 2.0 million – 1
$ 2.0 - 2.5 million – 2
$ 2.5 - 3.0 million – 0
> $3.0 million - 0

North  Vancouver Condominium Homes For Sale By Community:
Blueridge – 1 home for sale
Boulevard – 0
Braemar – 0
Calverhall – 0
Canyon Heights – 0
Capilano – 5
Central Lonsdale – 111
Deep Cove – 2
Delbrook – 3
Dollarton – 0
Edgemont – 3
Forest Hills – 0
Grouse Woods – 0
Hamilton – 26
Hamilton Heights – 4
Indian Arm – 0
Indian River – 4
Lower Lonsdale – 143
Lynn Valley – 27
Lynnmour – 16
Norgate – 5
Northlands – 10
Pemberton Heights – 0
Pemberton – 31
Princess Park – 0
Queensbury – 0
Roche Point – 31
Seymour – 5
Tempe – 0
Upper Delbrook – 0
Upper Lonsdale – 10
Westlynn – 2
Westlynn Terrace – 0
Windsor Park – 0
Woodlands – Sunshine – Cascade – 0