North Vancouver's housing market for detached homes saw a significant surge in May 2025, with sales jumping 59% above the 5-year average to 81 units sold. This indicates a strong seller's market, a trend consistent across various price ranges and bedroom counts.
The median sold price for detached homes in May 2025 was $2,150,000, a 2% increase from April 2025. The average sold price also rose by 6% to $2,382,740. Homes are selling quickly, with an average of just 9 days on the market.
While sales are up, new listings for detached homes decreased by 14% from April to May 2025, with 210 new listings added. This tightening supply, coupled with increased demand, contributed to the overall seller's market conditions.
Lynn Valley led in new listings with 31 additions, and also saw the least expensive home sale in May at $1,385,000. The highest transaction occurred in Edgemont, reaching $4,265,000.
Overall, with a sales-to-listing ratio of 22% and months of inventory at 4.6, North Vancouver's detached home market firmly favours sellers
