Grouse Woods, North Vancouver Market Report – May 2023

Q: How many homes sold in Grouse Woods, North Vancouver in May 2023?

4 properties sold in Grouse Woods, North Vancouver during May 2023 based on MLS® records. There were 15 active listings at the start of the month. A total of 6 new listings came to market during the month.

Q: What is the average home price in Grouse Woods, North Vancouver?

The average sold price in Grouse Woods, North Vancouver in May 2023 was $1,783,500. Sold prices ranged from $1,599,000 to $2,140,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Grouse Woods, North Vancouver?

In May 2023, properties in Grouse Woods, North Vancouver averaged 12 days on the market before selling. With an absorption rate of 26.7%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Grouse Woods, North Vancouver market changed compared to last year?

The average sold price in Grouse Woods, North Vancouver in May 2023 was $1,783,500, down 23.3% year-over-year compared to May 2022 ($2,325,000). Sales volume was up 300% compared to the same month last year. Data is sourced from MLS® sold records.

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

← April 2023 Next month →

Units Sold

$1,783,500

Avg Sold Price

12d

Avg Days on Market

Strong Seller's Market

Market Condition

15 active at start of month 6 new listings Absorption rate: 26.7% Highest sold: $2,140,000 Lowest sold: $1,599,000

How Does May 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2023 (this report)	4	$1,783,500	12d
April 2023 month prior	1 +300%	$2,300,000 -22.5%	9d +33.3%
May 2022 year ago	1 +300%	$2,325,000 -23.3%	—

3-Year Price Trend — Grouse Woods, North Vancouver

The Grouse Woods, North Vancouver real estate market was a Strong Seller's Market in May 2023, with 15 active listings at the start of the month, 4 properties sold, an average sold price of $1,783,500, properties averaging 12 days on market, an absorption rate of 26.7%. All data is sourced from MLS® sold records.

Recently Sold in Grouse Woods, North Vancouver

5600 Grousewoods Place

5707 Nancy Greene Way

3 bd • 3 ba • Townhouse

5685 Nancy Greene Way

Sold $2,225,000

4 bd • 4 ba • House

Active Listings in Grouse Woods, North Vancouver

5948 Nancy Greene Way

$1,199,000

3 bd • 2 ba • Townhouse

4 bd • 3 ba • Townhouse

5623 Eagle Court

$2,275,000

3 bd • 4 ba • Townhouse

5723 Owl Court

$1,649,000

3 bd • 3 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Grouse Woods, North Vancouver specialist

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All Types Condos Houses Townhouses

Related: Grouse Woods, North Vancouver Archive → Live Market Stats → North Vancouver Reports → All BC Reports →

Frequently Asked Questions — Grouse Woods, North Vancouver May 2023

Is it a good time to buy in Grouse Woods, North Vancouver? −

In May 2023, the Grouse Woods, North Vancouver real estate market is classified as a Strong Seller's Market with an absorption rate of 26.7%. It is currently a strong seller's market in Grouse Woods, 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.

How many homes sold in Grouse Woods, North Vancouver in May 2023? +

What is the average home price in Grouse Woods, North Vancouver? +

How long are homes sitting on the market in Grouse Woods, North Vancouver? +

How has the Grouse Woods, North Vancouver market changed compared to last year? +

Last Update: 09/12/2026 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.