{"id":3423,"date":"2025-04-04T14:10:22","date_gmt":"2025-04-04T21:10:22","guid":{"rendered":"https:\/\/www.nestpresales.com\/blog\/?p=3423"},"modified":"2025-11-05T17:18:22","modified_gmt":"2025-11-06T01:18:22","slug":"north-shore-real-estate-shifts-market-update-march-2025","status":"publish","type":"post","link":"https:\/\/www.nestpresales.com\/blog\/north-shore-real-estate-shifts-market-update-march-2025\/","title":{"rendered":"North Shore Real Estate Shifts: Market Update March 2025"},"content":{"rendered":"<p>March 2025 saw notable activity across the North Shore real estate market, particularly in North Vancouver and West Vancouver, as listings expanded and price shifts varied across housing types.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3426\" src=\"https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-1.jpg\" alt=\"North Vancouver - March 2025 Market report highlights\" width=\"1500\" height=\"1000\" srcset=\"https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-1.jpg 1500w, https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-1-960x640.jpg 960w, https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/p>\n<h3>North Vancouver \u2013 House Prices Rise Slightly, Townhouses Dip, Condo Listings Surge<\/h3>\n<h4>Price Analysis:<\/h4>\n<h6>House\/Detached:<\/h6>\n<p>The benchmark price for detached homes in North Vancouver rose 0.8% from February to $2,244,200. This reflects a 0.7% increase compared to March 2024. The price remains above Metro Vancouver\u2019s detached home benchmark of $2,034,400.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-House\/max_price-2245000\/page-1\">Explore North Vancouver detached homes priced below $2,245,000 here<\/a>, or <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-House\/min_price-2245000\/page-1\">browse listings above $2,245,000 here.<\/a><\/p>\n<h6>Townhouse\/Attached:<\/h6>\n<p>Townhouse prices in North Vancouver declined by 0.8% from last month to a benchmark of $1,313,200. Year-over-year, this represents a 2.9% decrease. Still, this benchmark sits above Metro Vancouver\u2019s townhouse average of $1,113,100.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Townhome\/max_price-13150000\/page-1\">Browse townhomes in North Vancouver listed under $1,315,000 here<\/a>, or <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Townhome\/min_price-1315000\/page-1\">explore options above $1,315,000 here.<\/a><\/p>\n<h6>Condo\/Apartment:<\/h6>\n<p>The benchmark price for condos in North Vancouver increased 0.6% month-over-month, landing at $817,700. Despite this small gain, prices are down 0.5% compared to the same month last year. The benchmark remains higher than Metro Vancouver\u2019s average condo price of $767,300.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Condo\/max_price-820000\/page-1\">Discover North Vancouver condos under $820,000 here<\/a>, or <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Condo\/min_price-820000\/page-1\">browse listings above $820,000 here.<\/a><\/p>\n<h4>New Listings and Sales:<\/h4>\n<p>New listings in North Vancouver rose across all property types. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-House\/page-1\">Detached home listings<\/a> climbed to 159 in March, up from 108 in February and 100 in March 2024, marking a 37.1% year-over-year increase. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Townhome\/page-1\">Townhouse listings<\/a> reached 81, compared to 67 the previous month and 64 the year prior, a 21.0% rise. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Condo\/page-1\">Condo listings<\/a> surged to 268, up from 172 in February and 162 in March 2024, reflecting a 39.6% increase year-over-year.<\/p>\n<p>Sales activity remained solid. Detached home sales totaled 60, with a sales-to-active listings ratio of 37.7%, though this marks a 32.6% decline compared to last year. Townhouses recorded 33 sales and a 40.7% sales ratio, down 29.5% year-over-year. Condo sales reached 77, yielding a 28.7% sales ratio, a 50.5% decline from March 2024.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-North+Vancouver\/type-Condo\/openhouse-1\/page-1\">Take a look at all the condos in North Vancouver with an open house coming up here.<\/a><\/p>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3428\" src=\"https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-4.jpg\" alt=\"West Vancouver - March 2025 Market report highlights\" width=\"1500\" height=\"1000\" srcset=\"https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-4.jpg 1500w, https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-4-960x640.jpg 960w, https:\/\/www.nestpresales.com\/blog\/wp-content\/uploads\/2025\/04\/Nest-Presales-Market-Statistics-4-768x512.jpg 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/h3>\n<h3>West Vancouver \u2013 Detached Prices Rise Again, Townhouses Cool, Condo Market Holds<\/h3>\n<h4>Price Analysis:<\/h4>\n<h6>House\/Detached:<\/h6>\n<p>The benchmark price for detached homes in West Vancouver increased by 0.7% in March to $3,275,300. Compared to the same time last year, this represents a 0.4% gain. The benchmark sits far above Metro Vancouver\u2019s average of $2,034,400.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-Vancouver+West\/type-House\/max_price-3280000\/page-1\">Browse West Vancouver houses listed below $3,280,000 here<\/a>, or <a href=\"https:\/\/www.nestpresales.com\/listings\/city-Vancouver+West\/type-House\/max_price-3280000\/page-1\">explore homes priced above $3,280,000 here.<\/a><\/p>\n<h6>Condo\/Apartment:<\/h6>\n<p>The benchmark price for condos in West Vancouver rose by 1.2% to $1,266,800. Year-over-year, prices are up 0.9%. The condo benchmark in West Vancouver remains well above Metro Vancouver\u2019s average of $767,300.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-condo\/max_price-1270000\/page-1\">Check out West Vancouver condos priced under $1,270,000 here<\/a>, or <a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-condo\/min_price-1270000\/page-1\">view listings above $1,270,000 here.<\/a><\/p>\n<h4>New Listings and Sales:<\/h4>\n<p>New listings in West Vancouver showed mixed results. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-House\/page-1\">Detached home listings<\/a> rose to 157 in March, up from 126 in February and 132 a year ago, reflecting a 15.9% increase. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-Townhome\/page-1\">Townhouse listings<\/a> dropped to 11, down from 17 the previous month and 13 in March 2024, an 18.2% year-over-year decline. <a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-Condo\/page-1\">Condo listings<\/a> ticked up slightly to 34, compared to 29 in February and 37 in March 2024, but were still down 8.8% from last year.<\/p>\n<p>Sales activity held relatively stable. West Vancouver recorded 28 detached home sales, with a sales ratio of 17.8%, down 38.0% compared to March 2024. Townhouses saw 3 sales and a 27.3% sales ratio, a 254.5% increase year-over-year. Condos recorded 9 sales, with a 26.5% sales ratio, marking a 30.0% drop from last year.<\/p>\n<p><a href=\"https:\/\/www.nestpresales.com\/listings\/city-West+Vancouver\/type-House\/openhouse-1\/page-1\">Take a look at all the houses in West Vancouver with an open house coming up here.<\/a><\/p>\n<h3>Metro Vancouver \u2013 Balanced Spring Momentum Continues<\/h3>\n<p>March 2025 brought sustained activity across Metro Vancouver\u2019s housing market. Inventory remained elevated, creating more choice for buyers, while prices held steady across segments.<\/p>\n<p><a href=\"https:\/\/www.gvrealtors.ca\/market-watch\/monthly-market-report\/march-2025.html\" target=\"_blank\" rel=\"noopener\">Metro Vancouver\u2019s March sales-to-active listings ratios are: 10.3% for detached homes, 21.5% for townhomes, and 16.2% for condos.<\/a> North Shore communities like North Vancouver outperformed regional averages, especially in sales ratios, while West Vancouver tracked closer to balanced norms.<\/p>\n<p>With spring in full swing, buyers and sellers continue to engage in one of the most balanced environments seen in recent years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 2025 brought steady activity across the North Shore. Detached home prices rose, condo listings surged &#038; townhouse demand shifted. See the latest stats for North &#038; West Vancouver here.<\/p>\n","protected":false},"author":5,"featured_media":3424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1090],"tags":[973,772,78,771,769,136,659,82,293,998,112,770,37],"class_list":["post-3423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-north-shore-real-estate-stats","tag-973","tag-attached","tag-condos","tag-detached","tag-houses","tag-listings","tag-north-shore","tag-north-vancouver","tag-sales","tag-single-family-homes","tag-townhomes","tag-townhouses","tag-west-vancouver"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>North Shore Real Estate Market Update \u2013 March 2025 Trends<\/title>\n<meta name=\"description\" content=\"North Shore real estate update for March 2025: Detached prices up, condo listings surge &amp; townhouse trends vary. 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