North Vancouver Real Estate Market Update – March 2025
- ericlyle
- Mar 24
- 1 min read
The North Vancouver real estate market continues to evolve, with key trends emerging across different property types. Here’s an updated snapshot:
Home Prices
Detached Homes: The average price for a detached home in North Vancouver is approximately $1,438,658.
Attached Homes: Townhomes and duplexes average $1,231,922, reflecting a 2.6% decline from last year.
Condominiums: The average condo price sits at $785,000, down 5.1% annually.
Sales Activity & Inventory
In February 2025, the sales-to-active listings ratio in Metro Vancouver stood at 23.2%, signaling a balanced market.
As of December 2024, 10,948 homes were listed for sale, a 24.4% increase year-over-year, providing buyers with more options.
Market Dynamics
While interest rates have eased, they remain high compared to the 2010–2020 average, impacting affordability.
These insights highlight the importance of staying informed in a shifting market. Whether buying or selling, working with a knowledgeable local real estate expert can help you navigate current conditions.
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