Mike Giesbrecht

There are currently 484 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 harbour views in Lower Lonsdale.

There have been 179 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $292,743 and the median sale price coming in at $266,000.  For 2-bedroom homes, the average sale price was $461,485 and the median sale price was $453,500.  The least expensive sale price so far this year  for a 1-bedroom was in March for a 664 square foot home in Lower Lonsdale for $187,400 and the most expensive so far this year was in March as well for a 903 square foot home with nice views of the water  in Central Lonsdale for $498,000.  The least expensive sale price so far this year for a 2-bedroom was for a 855 square foot home in Central Lonsdale for $205,000 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 194 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 267 North Vancouver 2-bedroom condos for sale and taking into account 36 sales last month, there is currently a 7 month supply of those homes,  an Absorption Rate of 7.  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 194 one (1) bedroom homes
There are 267 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 86 two-bedroom homes priced under $400,000 in North Vancouver and 73 one-bedroom homes priced under $300,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  9  homes
$ 200,000 - $250,000 – 27
$250,000 - $300,000 – 52
$ 300,000 - $350,000 – 89
$ 350,000 - $400,000 – 82
$ 400,000 - $450,000 – 52
$ 450,000 - $500,000 – 56
$ 500,000 - $550,000 – 28
$ 550,000 - $600,000 – 28
$600,000 - $650,000 - 16
$650,000 - $700,000 - 9
$700,000 - $750,000 - 5
$750,000 - $800,000 – 5
$800,000 - $850,000 - 3
$850,000 - $900,000 - 6
$ 900,000 - $950,000 – 0
$950,000 - $1 million - 3
$ 1 - 1.1 million – 5
$ 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 – 2
$ 1.75 - 2.0 million – 1
$ 2.0 - 2.5 million – 2

North  Vancouver Condominium Homes For Sale By Community:
Blueridge – 0 homes for sale
Boulevard – 0
Braemar – 0
Calverhall – 0
Canyon Heights – 0
Capilano – 5
Central Lonsdale – 129
Deep Cove – 3
Delbrook – 4
Dollarton – 0
Edgemont – 3
Forest Hills – 0
Grouse Woods – 0
Hamilton – 25
Hamilton Heights – 4
Indian Arm – 0
Indian River – 4
Lower Lonsdale – 154
Lynn Valley – 23
Lynnmour – 22
Norgate – 7
Northlands – 13
Pemberton Heights – 0
Pemberton – 35
Princess Park – 0
Queensbury – 0
Roche Point – 32
Seymour – 5
Tempe – 0
Upper Delbrook – 0
Upper Lonsdale – 13
Westlynn – 4
Westlynn Terrace – 0
Windsor Park – 0
Woodlands – Sunshine – Cascade – 0