North Vancouver House Market Report – January 2023

In January 2023, the North Vancouver house real estate market is classified as a Buyer's Market with an absorption rate of 1.3%. 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.

23 house properties sold in North Vancouver during January 2023 based on MLS® records. There were 1,801 active listings at the start of the month. A total of 60 new listings came to market during the month.

The average house sold price in North Vancouver in January 2023 was $2,120,862. Sold prices ranged from $1,300,000 to $3,628,571. Data is sourced from MLS® board records.

In January 2023, house properties in North Vancouver averaged 41 days on the market before selling. With an absorption rate of 1.3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in North Vancouver in January 2023 was $2,120,862, down 15.1% year-over-year compared to January 2022 ($2,496,737). Sales volume was down 43.9% compared to the same month last year. Data is sourced from MLS® sold records.