greater vancouver board area
TOWNHOME JANUARY
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
20 % DOWN
3 % UP
6 % UP
38 % UP
SELLER’S 39 %
The number of townhome listings in the REBGV increased to 947 in January, 4% above December but 20% lower year-over-year. Townhome sales in January, at 374, were down 26% vs December but 38% above last year. The sales-to-listings ratio decreased to 39% as the REBGV townhome market remained a seller’s market. The townhome benchmark price in January was $815,800, 0.2% above December and 4% higher than in January 2020. The average sold price was $901,260, with an average PSF sales price of $621 (up 4% and 3%, respectively, vs December).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 908 504 56%
% Change
No.
% Change
TOTAL LISTINGS
947 374 39%
4%
1,180
-20% 38% 72%
TOTAL SALES
-26% -29%
271 23%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$815,800 $813,900 $901,260 $868,538
0.2% $781,800 4% $874,385
4% 3% 6%
$621
$601
3%
$587
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$781,800 $790,200 $792,700 $797,700 $809,900 $814,800 $815,800
1,689
1,678
1,368
1,354
1,372
1,180
947
634
535
534
409
374
271
263
REBGV
FVREB
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
67
4+ bdrms
BUYER'S MARKET
157
208
3 bdrms
491
99
<3 bdrms
. . . . 0 0 0 0
303
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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