Pemberton Heights
Real Estate Trends

Housing Market Report for November 2020

Media Inquiries

Pemberton Heights Housing Prices

The change in average home price is affected by two factors:

  1. The proportions of home types sold has changed. This means that the mix of homes sold has shifted from a majority of higher-priced homes to a majority of lower-priced homes, or vice versa.
  2. Assuming the mix of homes is relatively stable, all homes are being sold for more or less than the last period.

For example, if the average price decreased from last year, all homes sold this year were either sold for less and/or the majority of them were budget-friendly condos, rather than expensive single-family homes.

How we calculate our stats

Pemberton Heights Housing Inventory

Pemberton Heights vs. north-vancouver

Have questions?

For media inquiries contact

About this Report

See a current snapshot of the housing market with with Zolo's Pemberton Heights real estate market trends. Get real estate facts on average house price, housing inventory, and average days on market. Our home price data is always updated. This report goes over sales history between October 02 - November 27 and measures it against the same period in 2019. These real estate statistics are paired with rankings of all neighbourhoods in the North Vancouver area based on home sold price, price growth, days on market, and turnover. This way, you get to see the Pemberton Heights housing market on a broader scale, and how it contrasts with other neighbourhoods in the city. This market report was designed to give you new insights on both the Pemberton Heights real estate market and the North Vancouver area so that you have a better sense of where you want to live. To see the difference between this neighbourhood and the city of North Vancouver, take a look at North Vancouver's trends page. In addition to our market analysis, consider reviewing other MLS® stats, like the MLS® Home Price Index, to get a more rounded perspective of the market.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you're seeing is reported in real-time.

Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period's numbers are considered "pro-rated."