Mike Giesbrecht

There are currently 391 condominium apartment homes for sale in North Vancouver, ranging in price from $179,000 for a 650 square-foot 1-bedroom home in Lower Lonsdale, to $3,220,000 for a 4-bedroom, 2,500 square-foot penthouse with sweeping harbour views and a 1,000 square foot roof-top patio, also in Lower Lonsdale.

There have been 199 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $316,402 and the median sale price coming in at $318,000.  For 2-bedroom homes, the average sale price was $480,129 and the median sale price was $464,250.  The least expensive sale price so far this year for a 1-bedroom was in February for a 677 square-foot home in Lower Lonsdale for $203,000 and the most expensive was in February as well for a 738 square-foot home in Central Lonsdale for $480,000.  The least expensive sale price so far this year for a 2-bedroom was in January for a 761 square-foot home in Pemberton for $253,000 and the most expensive was in January for a 1,272 square-foot  home in Central Lonsdale for $999,900.

With 170 North Vancouver 1-bedroom condos currently for sale and taking into account 29 sales per month over the last 3 months, there is currently a 6-months supply of homes, meaning the Absorption Rate is 6.  With 198 North Vancouver 2-bedroom condos for sale and taking into account 33 sales per month over the last 3 months, there is currently a 6-months supply of those homes, 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 4 studio homes
There are 170 one (1) bedroom homes
There are 198 two (2) bedroom homes
There are 18 three (3) bedroom homes
There is 1 four (4) bedroom home

Price Range of Current North Vancouver Condominium Homes For Sale:
There are currently 49 two-bedroom homes priced under $400,000 in North Vancouver and 63 one-bedroom homes priced under $300,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  5 homes
$ 200,000 - $250,000 – 20
$250,000 - $300,000 – 43
$ 300,000 - $350,000 – 60
$ 350,000 - $400,000 – 59
$ 400,000 - $450,000 – 40
$ 450,000 - $500,000 – 35
$ 500,000 - $550,000 – 17
$ 550,000 - $600,000 – 24
$600,000 - $650,000 - 8
$650,000 - $700,000 - 11
$700,000 - $750,000 – 7
$750,000 - $800,000 – 4
$800,000 - $850,000 - 3
$850,000 - $900,000 - 5
$ 900,000 - $950,000 – 4
$950,000 - $1 million - 4
$ 1 - 1.1 million – 3
$ 1.1 - 1.2 million – 0
$ 1.2 - 1.3 million – 0
$ 1.3 - 1.4 million – 0
$ 1.4 - 1.5 million – 0
$ 1.5 - 1.75 million – 4
$ 1.75 - 2.0 million – 2
$ 2.0 - 2.5 million – 1

North  Vancouver Condominium Homes For Sale By Community:
Blueridge – 1 home for sale
Boulevard – 0
Braemar – 0
Calverhall – 0
Canyon Heights – 0
Capilano – 6
Central Lonsdale – 107
Deep Cove – 2
Delbrook – 1
Dollarton – 0
Edgemont – 0
Forest Hills – 0
Grouse Woods – 0
Hamilton – 21
Hamilton Heights – 0
Indian Arm – 0
Indian River – 4
Lower Lonsdale – 133
Lynn Valley – 14
Lynnmour – 17
Norgate – 15
Northlands – 5
Pemberton Heights – 0
Pemberton – 31
Princess Park – 0
Queensbury – 0
Roche Point – 27
Seymour – 2
Tempe – 0
Upper Delbrook – 0
Upper Lonsdale – 5
Westlynn – 1
Westlynn Terrace – 0
Windsor Park – 0
Woodlands–Sunshine–Cascade – 0