Mike Giesbrecht

There are currently 527 condominium apartment homes for sale in North Vancouver, ranging in price from $159,800 for a 650 square-foot 1-bedroom co-op home in Central Lonsdale, to $2,209,900 for a 2 bedroom, 1,630 square-foot penthouse, with sweeping harbour views and a 1,000 square foot roof-top terrace, still under construction, in Central Lonsdale.

There have been 216 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $293,445 and the median sale price coming in at $286,500.  For 2-bedroom homes, the average sale price was $476,853 and the median sale price was $449,000.  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 an 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 206 North Vancouver 1-bedroom condos currently for sale and taking into account 30 sales last month, there is currently a 7 month supply of homes, meaning the Absorption Rate is 7.  With 291 North Vancouver 2-bedroom condos for sale and taking into account 56 sales last month, there is currently a 5 month supply of those homes, 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 10 studio homes
There are 206 one (1) bedroom homes
There are 291 two (2) bedroom homes
There are 20 three (3) bedroom homes
There are 0 four (4) bedroom homes

Price Range of Current North Vancouver Condominium Homes For Sale:
There are currently 98 two-bedroom homes priced under $400,000 in North Vancouver and 85 one-bedroom homes priced under $300,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  12  homes
$ 200,000 - $250,000 – 28
$250,000 - $300,000 – 54
$ 300,000 - $350,000 – 82
$ 350,000 - $400,000 – 92
$ 400,000 - $450,000 – 58
$ 450,000 - $500,000 – 45
$ 500,000 - $550,000 – 27
$ 550,000 - $600,000 – 36
$600,000 - $650,000 - 15
$650,000 - $700,000 - 10
$700,000 - $750,000 - 3
$750,000 - $800,000 – 6
$800,000 - $850,000 - 5
$850,000 - $900,000 - 3
$ 900,000 - $950,000 – 1
$950,000 - $1 million - 1
$ 1 - 1.1 million – 4
$ 1.1 - 1.2 million – 1
$ 1.2 - 1.3 million – 1
$ 1.3 - 1.4 million – 0
$ 1.4 - 1.5 million – 0
$ 1.5 - 1.75 million – 1
$ 1.75 - 2.0 million – 2
$ 2.0 - 2.5 million – 3

North  Vancouver Condominium Homes For Sale By Community:
Blueridge – 0 homes for sale
Boulevard – 0
Braemar – 0
Calverhall – 0
Canyon Heights – 0
Capilano – 4
Central Lonsdale – 130
Deep Cove – 3
Delbrook – 3
Dollarton – 0
Edgemont – 3
Forest Hills – 0
Grouse Woods – 0
Hamilton – 26
Hamilton Heights – 2
Indian Arm – 0
Indian River – 2
Lower Lonsdale – 179
Lynn Valley – 32
Lynnmour – 20
Norgate – 13
Northlands – 9
Pemberton Heights – 1
Pemberton – 44
Princess Park – 0
Queensbury – 0
Roche Point – 32
Seymour – 5
Tempe – 0
Upper Delbrook – 0
Upper Lonsdale – 17
Westlynn – 3
Westlynn Terrace – 0
Windsor Park – 0
Woodlands – Sunshine – Cascade – 0