Real Estate Market Report for
North Vancouver, BC

Updated : Aug 2016
House
  • Median price $1,288,000
  • Monthly growth 48.74 %
  • Quarterly trend
  • Stock on market 0.43%
Apartment
  • Median price $598,000
  • Monthly growth 19.62 %
  • Quarterly trend
  • Stock on market 0.49%
North Vancouver Home Price

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With a median listing price of $1,288,000, North Vancouver is Canada’s 27th most expensive when ordered by median listing price.

The $1,288,000 price tag on the median North Vancouver home means that it is quite highly priced by Canadian standards.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 359 neighbourhoods that have more properties on sale than North Vancouver at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in North Vancouver have dried up which would tend to indicate that demand is higher than the supply of new properties.

The median asking price in North Vancouver is $598,000, a substantial increase over the median three months ago which was $522,400 .

When our research team crunched the numbers we calculated that North Vancouver has a median home price of $598,000.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

British Columbia has the third most amount of properties available to property investors, with North Vancouver having 10th most in the province, out of a total of 124.

As one of British Columbia’s many potential real estate investment neighbourhoods, North Vancouver needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in North Vancouver have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
1 bedroom $399,350
2 bedrooms $854,000 $649,000
3 bedrooms $1,198,000 $998,000
4 bedrooms $1,480,000 $1,398,500
5 bedrooms $1,399,400
6 bedrooms $1,499,800
Demographics
  • Population in 201184412
  • Population in 200682562
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings31741
  • Private dwellings occupied by usual residents30553
  • Population density per square kilometre525.1
  • Land area (square km)160.76
  • Age Characteristics
    Total population by age groups 84415
    0 to 4 years 3975
    5 to 9 years 4880
    10 to 14 years 5615
    15 to 19 years 6395
    15 years 1265
    16 years 1240
    17 years 1270
    18 years 1285
    19 years 1330
    20 to 24 years 5180
    25 to 29 years 3470
    30 to 34 years 3405
    35 to 39 years 4865
    40 to 44 years 6545
    45 to 49 years 7490
    50 to 54 years 7840
    55 to 59 years 6335
    60 to 64 years 5285
    65 to 69 years 4110
    70 to 74 years 2965
    75 to 79 years 2435
    80 to 84 years 1850
    85 years and over 1765
    Median age of the population 43.4
    % of the population aged 15 and over 82.9
  • Marital Status
    Total population 15 years and over by marital status 69940
    Married or living with a common-law partner 43015
    Married (and not separated) 38885
    Living common-law 4125
    Not married and not living with a common-law partner 26925
    Single (never legally married) 18140
    Separated 1450
    Divorced 3860
    Widowed 3485
    Family Characteristics
    Total number of census families in private households 24350
    Size of census family: 2 persons 10210
    Size of census family: 3 persons 5510
    Size of census family: 4 persons 6765
    Size of census family: 5 or more persons 1870
    Total number of census families in private households 24350
    Total couple families by family structure and number of children 21125
    Married couples 19060
    Without children at home 6975
    With children at home 12090
    1 child 4145
    2 children 6205
    3 or more children 1735
    Common-law couples 2065
    Without children at home 1300
    With children at home 765
    1 child 375
    2 children 305
    3 or more children 90
    Total lone-parent families by sex of parent and number of children 3230
    Female parent 2535
    1 child 1505
    2 children 785
    3 or more children 245
    Male parent 695
    1 child 430
    2 children 205
    3 or more children 55
    Total children in census families in private households 28230
    Under six years of age 4855
    6 to 14 years 9580
    15 to 17 years 3700
    18 to 24 years 6850
    25 years and over 3255
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 83555
    Number of persons not in census families 9850
    Living with relatives 1330
    Living with non-relatives only 2480
    Living alone 6040
    Number of census family persons 73705
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 12450
    Number of persons not in census families aged 65 years and over 3735
    Living with relatives 565
    Living with non-relatives only 270
    Living alone 2900
    Number of census family persons aged 65 years and over 8715
    Total number of private households by household type 30550
    Census-family households 23715
    One-family-only households 21470
    Couple-family households 18820
    Without children 7330
    With children 11485
    Lone-parent-family households 2645
    Other family households 2245
    One-family households with persons not in a census family 1630
    Couple-family households 1275
    Without children 365
    With children 910
    Lone-parent-family households 355
    Two-or-more-family households 615
    Non-census-family households 6840
    One-person households 6040
    Two-or-more-person households 800
    Total number of occupied private dwellings by structural type of dwelling 30555
    Single-detached house 17130
    Apartment, building that has five or more storeys 1680
    Movable dwelling 10
    Other dwelling 11735
    Semi-detached house 455
    Row house 2695
    Apartment, duplex 4865
    Apartment, building that has fewer than five storeys 3695
    Other single-attached house 15
    Total number of private households by household size 30555
    1 person 6040
    2 persons 9520
    3 persons 5465
    4 persons 6655
    5 persons 2120
    6 or more persons 760
    Number of persons in private households 83550
    Average number of persons in private households 2.7
Census 2011

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