TOWNHOME JANUARY vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 18 %
11 % DOWN
6 % DOWN
0.4 % DOWN
42 % UP
At 186, the number of townhome listings in Vancouver West was 3% higher month-over-month but 6% lower year-over-year. Townhome sales, at 34, were unchanged vs December and 42% above last January. The sales-to-listings ratio decreased to 18% in January as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in January was $1.14M, rel- atively unchanged from last month and 0.4% lower than last year. The average sold price was $1.37M, while the aver- age PSF sales price was $987 (increasing 1.7% and 8%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 181
% Change
No. 197
% Change
TOTAL LISTINGS
186
3%
-6% 42% 50%
TOTAL SALES
34
34
0.0%
24
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
19%
-3%
12%
$1,142,100 $1,141,600 $1,367,758 $1,345,169
0.0% $1,147,200 1.7% $1,535,076
-0.4% -11%
$987
$916
8%
$953
4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.16
$1.15
$1.15
$1.14
$1.14
$1.13
$1.13
262
238
232
210
197
193
186
50
49
48
46
34
30
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
16
SELLER'S MARKET
BALANCED
16
3 bdrms
BUYER'S MARKET
85
17
<3 bdrms
. . . . 0 0 0 0 QD QD
85
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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