Indian River, North Vancouver Condo Market Report – May 2022

In May 2022, the Indian River, North Vancouver condo real estate market is classified as a Seller's Market with an absorption rate of 21.4%. It is currently a seller's market in Indian River, North Vancouver. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

3 condo properties sold in Indian River, North Vancouver during May 2022 based on MLS® records. There were 14 active listings at the start of the month. A total of 3 new listings came to market during the month.

The average condo sold price in Indian River, North Vancouver in May 2022 was $735,000. Sold prices ranged from $695,000 to $770,000. Data is sourced from MLS® board records.

In May 2022, condo properties in Indian River, North Vancouver averaged 8 days on the market before selling. With an absorption rate of 21.4%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Indian River, North Vancouver in May 2022 was $735,000, down 0.7% year-over-year compared to May 2021 ($739,900). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.