Norgate, North Vancouver House Market Report – August 2023

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

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3
Units Sold
$1,641,500
Avg Sold Price
11d
Avg Days on Market
Balanced Market
Market Condition
22 active at start of month 3 new listings Absorption rate: 13.6% Highest sold: $1,739,000 Lowest sold: $1,580,000

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 3 $1,641,500 11d
July 2023 month prior 2 +50% $1,964,500 -16.4% 7d +57.1%
August 2022 year ago 2 +50% $1,324,000 +24%

3-Year Price Trend — Norgate, North Vancouver House

The Norgate, North Vancouver house real estate market was a Balanced Market in August 2023, with 22 active listings at the start of the month, 3 properties sold, an average sold price of $1,641,500, properties averaging 11 days on market, an absorption rate of 13.6%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Norgate, North Vancouver specialist
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Frequently Asked Questions — Norgate, North Vancouver August 2023

In August 2023, the Norgate, North Vancouver house real estate market is classified as a Balanced Market with an absorption rate of 13.6%. The market in Norgate, North Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

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.

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