Mike Giesbrecht

There are currently 437 condominium apartment homes for sale in North Vancouver, ranging in price from $185,000 for a 583 square-foot 1-bedroom walk-up home in Central Lonsdale, to $2,500,000 for a 3 bedroom, 1,700 square-foot penthouse with sweeping harbour views and a 1,000 square foot terrace in Lower Lonsdale.

There have been 204 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $301,009 and the median sale price coming in at $304,500.  For 2-bedroom homes, the average sale price was $473,634 and the median sale price was $452,500.  The least expensive sale price so far this year for a 1-bedroom was in October for a 650 square-foot home in Lower Lonsdale for $145,000 and the most expensive so far this year was in September for an 862 square-foot home in Hamilton for $500,000.  The least expensive sale price so far this year for a 2-bedroom was for an 855 square foot home in Central Lonsdale for $190,000 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 167 North Vancouver 1-bedroom condos currently for sale and taking into account approximately 21 sales per month over the last 3 months, there is currently an 8 month supply of homes, meaning the Absorption Rate is 8.  With 245 North Vancouver 2-bedroom condos for sale and taking into account 43 sales per month over the last 3 months, there is currently a 6 month supply of those homes as well, an Absorption Rate of 6.  The Absorption Rate is the ability of the real estate market to absorb or sell all of the homes 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 5 studio homes
There are 167 one (1) bedroom homes
There are 245 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 66 two-bedroom homes priced under $400,000 in North Vancouver and 71 one-bedroom homes priced under $300,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  5 homes
$ 200,000 - $250,000 – 29
$250,000 - $300,000 – 40
$ 300,000 - $350,000 – 59
$ 350,000 - $400,000 – 63
$ 400,000 - $450,000 – 45
$ 450,000 - $500,000 – 45
$ 500,000 - $550,000 – 23
$ 550,000 - $600,000 – 26
$600,000 - $650,000 - 12
$650,000 - $700,000 - 13
$700,000 - $750,000 – 10
$750,000 - $800,000 – 8
$800,000 - $850,000 - 3
$850,000 - $900,000 - 6
$ 900,000 - $950,000 – 3
$950,000 - $1 million - 4
$ 1 - 1.1 million – 2
$ 1.1 - 1.2 million – 1
$ 1.2 - 1.3 million – 0
$ 1.3 - 1.4 million – 0
$ 1.4 - 1.5 million – 2
$ 1.5 - 1.75 million – 1
$ 1.75 - 2.0 million – 2
$ 2.0 - 2.5 million – 4

North  Vancouver Condominium Homes For Sale By Community:
Blueridge – 0 homes for sale
Boulevard – 0
Braemar – 0
Calverhall – 0
Canyon Heights – 0
Capilano – 3
Central Lonsdale – 124
Deep Cove – 2
Delbrook – 3
Dollarton – 0
Edgemont – 4
Forest Hills – 0
Grouse Woods – 0
Hamilton – 13
Hamilton Heights – 0
Indian Arm – 0
Indian River – 2
Lower Lonsdale – 136
Lynn Valley – 29
Lynnmour – 17
Norgate – 16
Northlands – 8
Pemberton Heights – 0
Pemberton – 41
Princess Park – 0
Queensbury – 0
Roche Point – 27
Seymour – 3
Tempe – 0
Upper Delbrook – 0
Upper Lonsdale – 9
Westlynn – 0
Westlynn Terrace – 0
Windsor Park – 0
Woodlands – Sunshine – Cascade – 0