Northlands, North Vancouver Townhouse Market Report – June 2021

In June 2021, the Northlands, North Vancouver townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 30.4%. 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.

7 townhouse properties sold in Northlands, North Vancouver during June 2021 based on MLS® records. There were 23 active listings at the start of the month. A total of 5 new listings came to market during the month.

The average townhouse sold price in Northlands, North Vancouver in June 2021 was $1,445,500. Sold prices ranged from $1,050,000 to $1,605,000. Data is sourced from MLS® board records.

In June 2021, townhouse properties in Northlands, North Vancouver averaged 7 days on the market before selling. With an absorption rate of 30.4%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Northlands, North Vancouver in June 2021 was $1,445,500, up 56.9% year-over-year compared to June 2020 ($921,000). Sales volume was up 250% compared to the same month last year. Data is sourced from MLS® sold records.