Deep Cove, North Vancouver Market Report – May 2022

Q: How many homes sold in Deep Cove, North Vancouver in May 2022?

3 properties sold in Deep Cove, North Vancouver during May 2022 based on MLS® records. There were 35 active listings at the start of the month. A total of 10 new listings came to market during the month.

Q: What is the average home price in Deep Cove, North Vancouver?

The average sold price in Deep Cove, North Vancouver in May 2022 was $2,443,333. Sold prices ranged from $1,825,000 to $2,825,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Deep Cove, North Vancouver?

In May 2022, properties in Deep Cove, North Vancouver averaged 5 days on the market before selling. With an absorption rate of 8.6%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Deep Cove, North Vancouver market changed compared to last year?

The average sold price in Deep Cove, North Vancouver in May 2022 was $2,443,333, up 26.8% year-over-year compared to May 2021 ($1,926,750). Sales volume was down 62.5% compared to the same month last year. Data is sourced from MLS® sold records.

Deep Cove is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Deep Cove based on MLS® data.

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Units Sold

$2,443,333

Avg Sold Price

Avg Days on Market

Buyer's Market

Market Condition

35 active at start of month 10 new listings Absorption rate: 8.6% Highest sold: $2,825,000 Lowest sold: $1,825,000

How Does May 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2022 (this report)	3	$2,443,333	5d
April 2022 month prior	3 +0%	$2,841,991 -14%	10d -50%
May 2021 year ago	8 -62.5%	$1,926,750 +26.8%	—

3-Year Price Trend — Deep Cove, North Vancouver

The Deep Cove, North Vancouver real estate market was a Buyer's Market in May 2022, with 35 active listings at the start of the month, 3 properties sold, an average sold price of $2,443,333, properties averaging 5 days on market, an absorption rate of 8.6%. All data is sourced from MLS® sold records.

Recently Sold in Deep Cove, North Vancouver

2 bd • 2 ba • Apartment

2375 Caledonia Avenue

3 bd • 3 ba • Townhouse

Active Listings in Deep Cove, North Vancouver

4885 Cove Cliff Place

1777 Caledonia Avenue

$1,845,900

5 bd • 3 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Deep Cove, North Vancouver specialist

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Related: Deep Cove, North Vancouver Archive → Live Market Stats → North Vancouver Reports → All BC Reports →

Frequently Asked Questions — Deep Cove, North Vancouver May 2022

Is it a good time to buy in Deep Cove, North Vancouver? −

In May 2022, the Deep Cove, North Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 8.6%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Deep Cove, North Vancouver in May 2022? +

What is the average home price in Deep Cove, North Vancouver? +

How long are homes sitting on the market in Deep Cove, North Vancouver? +

How has the Deep Cove, North Vancouver market changed compared to last year? +

Last Update: 06/03/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.