Mike Giesbrecht

There are currently 321 single family homes for sale in North Vancouver ranging in price from $299,000 for a 6-bedroom 2,800 square foot water-access-only house past Panorama Drive to $8,800,000 for a 5 bedroom, 5,000 square foot waterfront estate on Indian River Drive.

There have been 205 sales in the last 90 days, with the average sale price during that time coming in at $1,193,547 and the median sale price being $1,051,000.  The least expensive sale price so far this year was for a 3-bedroom, 1,500 square foot home in the Capilano area for just over $600,000 and the most expensive so far this year was for a 7-bedroom, 13,000 square foot waterfront home in Deep Cove for a little under $6,000,000.

With 321 North Vancouver homes currently for sale and taking into account 68 sales per month over the last 3 months, there is currently a 4 & 1/2 month supply of homes, meaning the Absorption Rate is 4.5.  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.  4.5 falls within the range of a balanced market.  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 7 one (1) bedroom homes
There are 9 two (2) bedroom homes
There are 62 three (3) bedroom homes
There are 98 four (4) bedroom homes
There are 77 five (5) bedroom homes
There are 45 six (6) bedroom homes
There are 20 seven (7) bedroom homes
There are 2 eight (8) bedroom homes

Price Range of Current North Vancouver Homes For Sale:
(There are currently 20 homes priced under $750,000 in North Vancouver)
$ 100,000 - $200,000 -  0  homes
$ 200,000 - $300,000 – 1
$ 300,000 - $400,000 – 1
$ 400,000 - $500,000 – 1
$ 500,000 - $600,000 – 1
$ 600,000 - $700,000 – 6
$ 700,000 - $800,000 – 24
$ 800,000 - $900,000 – 32
$ 900,000 - $1,000,000 – 21
$ 1 - 1.1 million – 25
$ 1.1 - 1.2 million – 32
$ 1.2 - 1.3 million – 32
$ 1.3 - 1.4 million – 31
$ 1.4 - 1.5 million – 21
$ 1.5 - 1.75 million – 31
$ 1.75 - 2.0 million – 17
$ 2.0 - 2.5 million – 30
$ 2.5 - 3.0 million – 7
$ 3.0 - 4.0 million – 3
$ 4.0 - 5.0 million – 1
$ 5.0 - 6.0 million – 2
$ 6.0 - 7.0 million – 0
$ 7.0 - 10.0 million – 1
> $10 million - 0

North Vancouver Homes For Sale By Community:
Blueridge – 10
Boulevard – 9
Braemar – 2
Calverhall – 4
Canyon Heights – 45
Capilano –6
Central Lonsdale – 13
Deep Cove – 19
Delbrook – 3
Dollarton – 9
Edgemont – 15
Forest Hills – 13
Grouse Woods – 3
Hamilton – 7
Hamilton Heights – 0
Indian Arm – 5
Indian River – 2
Lower Lonsdale – 7
Lynn Valley – 22
Lynnmour – 11
Norgate – 4
Northlands – 1
Pemberton Heights – 9
Pemberton – 11
Princess Park – 6
Queensbury – 4
Roche Point – 7
Seymour – 5
Tempe – 2
Upper Delbrook – 21
Upper Lonsdale – 30
Westlynn – 9
Westlynn Terrace – 3
Windsor Park – 1
Woodlands – Sunshine – Cascade – 3