Northlands, North Vancouver Condo Market Report – February 2023

In February 2023, the Northlands, North Vancouver condo real estate market is classified as a Strong Seller's Market with an absorption rate of 30%. It is currently a strong seller's market in Northlands, North Vancouver, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

6 condo properties sold in Northlands, North Vancouver during February 2023 based on MLS® records. There were 20 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average condo sold price in Northlands, North Vancouver in February 2023 was $974,667. Sold prices ranged from $725,000 to $1,275,000. Data is sourced from MLS® board records.

In February 2023, condo properties in Northlands, North Vancouver averaged 23 days on the market before selling. With an absorption rate of 30%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Northlands, North Vancouver in February 2023 was $974,667, up 9.7% year-over-year compared to February 2022 ($888,500). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.