North Vancouver House Market Report – February 2021

In February 2021, the North Vancouver house real estate market is classified as a Balanced Market with an absorption rate of 17.6%. The market in North Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

108 house properties sold in North Vancouver during February 2021 based on MLS® records. There were 614 active listings at the start of the month. A total of 127 new listings came to market during the month.

The average house sold price in North Vancouver in February 2021 was $2,171,287. Sold prices ranged from $1,050,000 to $4,400,000. Data is sourced from MLS® board records.

In February 2021, house properties in North Vancouver averaged 25 days on the market before selling. With an absorption rate of 17.6%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average house sold price in North Vancouver in February 2021 was $2,171,287, up 91.3% year-over-year compared to February 2020 ($1,135,000). Sales volume was up 10700% compared to the same month last year. Data is sourced from MLS® sold records.