Best Performing Neighbourhoods in North Vancouver, March 2022

Condo and Townhome Movement in North Vancouver

Condos and townhomes in North Vancouver sold exceptionally fast this month. These attached houses sold at a nearly perfect, 94% sales ratio for the month of March with 234 new listings and 220 sales.

Multiple Neighbourhoods selling at over 100% sales ratio.

Lower Lonesdale and Central Lonsdale condos and townhomes had the highest number of sales, collectively bringing in 103 sales with 97 new listings (106% sales ratio). Queensbury and Seymour condos and townhomes brought in the highest sales ratios of all neighbourhoods with a collective 550% sales ratio (2 new listings, 11 sales). Here are some more fast selling neighbourhoods in North Vancouver

• Lynnmour condos and townhomes brought in a 119% sales ratio (16 new listings, 19 sales)
• Lynn Valley condos and townhomes brought in a 185% sales ratio (13 new listings, 24 sales)
• Mosquito Creek and Norgate condos and townhomes had a 107% sales ratio (14 new listings, 15 sales).

Condos and Townhomes between $700K – $2.5M Selling Extremely Fast

Average days on market for North Vancouver condos and townhomes is sitting 7 days in March. Collectively, condos and townhomes selling between $700K – $1.25M are selling nearly instantly with a 137% sales ratio (86 new listings, 116 sales). Here is a breakdown of each price band within this range:

• $700K-$800K condos and townhomes sold at 150% sales ratio (18 new listings, 27 sales)
• $800K – $900K condos and townhomes sold at 137% sales ratio (19 new listings, 26 sales)
• $900K – $1.25M condos and townhomes sold at 129% sales ratio (49 new listings, 63 sales)

Detached House Movement in North Vancouver

North Vancouver Homes Selling Faster than Ever

Detached homes in North Van also had an extremely successful month, selling at a 75% sales ratio with 156 new listings and 117 sales. Many neighbourhoods had a very high paced month with 13 North Vancouver neighbourhoods selling at 100%+ sales ratios. Here are some of the high performing areas in home sales:

• Lynn Valley, Westlynn Terrace and and Princes Park collectively sold at 250% sales ratio (8 new listings, 20 sales)
• Dollarton, Roche Point and Deep Cove collectively sold at 150% sales ratio (8 new listings, 12 sales)
• Pemberton Heights, Pemberton, Boulevard and Capilano all sold at 100% sales ratios (14 new listings, 14 sales)

Houses in Canyon Heights and Forest Hills sold the slowest of North Vancouver this month with 31 new listings and 8 sales. You can take a look at homes still available in Canyon Heights and Forest Hills here.

Want to Explore More About the Real Estate Movement in North Vancouver?

Talk to Ken & Samantha to get more details which houses, townhomes & condos sold (and which did not) recently.