vancouvereast TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 31% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 0.7% VS2020
▼ 1.1% VS2020
▼ 17% VS2020
▼ 16% VS2020
Therewere86townhomelistingsinVancouverEastin August,4%aboveJulyand17%lowerthanAugust2020. Augusttownhomesalesdecreasedby31% month-over-month,to27,andwere16%belowAugust 2020. Thesales-to-listingratiofortownhomesinVancouver East,at31%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$1,037,500,a 9%increasefromJulyand1.2%belowAugust2020. Theaveragesoldpricewas$1,059,389,0.1%belowlast month;theaveragePSFsalepricewas$780,down4%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
27 86
$843 $1,051,016 $1,050,000 31% 32 104
-7% 0.8% -1.2% 2% -16% -17%
39 83
-4% -0.1% 9% -33% -31% 4%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$780 $1,059,389 $1,037,500 31%
$810 $1,060,939 $950,000 47%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
16
108
105
101
100
104
95
99
86
83
61
54
66
51
65 65
38
33
31
43
32
39
35
34
27
17
$1.03M $1.06M
$1.05M
$1.05M
$1.04M
$1.04M
$1000K
$975K
$955K
$945K
$950K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30
2
4+bdrms
25
9
20
64%
21
3bdrms
15
61
35%
33% 31%
10
3
2bdrms
15
5
8%
0
1 1
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
4 0 n/a
12 4 33%
29 9 31%
11 7 64%
17 6 35%
13 1 8%
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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