TOWNHOME JANUARY fraser valley board area
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
10 % UP
23 % DOWN
12 % UP
7 % UP
92 % UP
SELLER’S 67 %
The number of townhome listings in the Fraser Valley board area increased to 685 in January, 3% above last month but 23% lower than last year. At 461, townhome sales were down 8% vs December but 92% above last year. The sales-to-listings ratio, at 67%, remained favour- able market for sellers. The benchmark price in January was $580,800, up 0.8% from last month and 7% higher vs last year. The average sold price, at $650,723, was 6% higher between December and January while the average PSF sales price was 4% higher (at $410).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 663 501 76%
% Change
No. 893 240 27%
% Change
TOTAL LISTINGS
685 461 67%
3%
-23% 92% 150%
TOTAL SALES
-8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-11%
$580,800 $576,200 $650,723 $615,539
0.8% $541,800 6% $579,206
7%
12% 10%
$410
$395
4%
$374
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$580,800
$541,800 $549,100 $555,000 $563,200 $567,300 $570,100
1,371
1,306
1,075
1,100
1,033
893
685
555
555
531
383
240
223
461
FVREB
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
115
4+ bdrms
140
251
SELLER'S MARKET
3 bdrms
389
BALANCED
BUYER'S MARKET
95
<3 bdrms
. . . . 0 0 0 0 QD QD
156
S-L RATIO SALES INVENTORY
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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