Northlands, North Vancouver Townhouse Market Report – September 2023

In September 2023, the Northlands, North Vancouver townhouse real estate market is classified as a Buyer's Market with an absorption rate of 7.3%. 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.

3 townhouse properties sold in Northlands, North Vancouver during September 2023 based on MLS® records. There were 41 active listings at the start of the month. A total of 3 new listings came to market during the month.

The average townhouse sold price in Northlands, North Vancouver in September 2023 was $1,549,333. Sold prices ranged from $1,348,000 to $1,810,000. Data is sourced from MLS® board records.

In September 2023, townhouse properties in Northlands, North Vancouver averaged 24 days on the market before selling. With an absorption rate of 7.3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Northlands, North Vancouver in September 2023 was $1,549,333, up 50.4% year-over-year compared to September 2022 ($1,030,000). Sales volume was up 50% compared to the same month last year. Data is sourced from MLS® sold records.