RSS

North Vancouver Real Estate: Where the Opportunity Is This Fall

North Vancouver Real Estate: Where the Opportunity Is This Fall

September’s numbers show a North Vancouver market that is giving buyers something they haven’t had much of in recent years: time and negotiating room.

Prices have softened across detached homes, condos and townhomes, while activity remains selective. Condos in particular are firmly favouring buyers, while detached homes and townhomes are closer to balanced conditions. North-Vancouver-September-Stats

The takeaway:

For buyers, more opportunity to compare properties, do proper due diligence and negotiate without the same pressure we saw in faster markets.

For sellers, homes are still selling — but buyers have choices. Pricing, condition, presentation and understanding your competition are vital.

And perhaps most importantly, there isn’t really one “North Vancouver market” right now. Conditions can look very different depending on whether you’re buying or selling a condo, townhome or detached house — and even from one neighbourhood or price range to another.

That’s where good market advice matters most.

Comments:

No comments

Post Your Comment:

Your email will not be published
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.