vancouverwest TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 41% SELLERS'MARKET
▶ MARKETSUMMARY Therewere180townhomelistingsinVancouverWestin August,19%belowJulyand22%lowerthanAugust 2020. Augusttownhomesalesincreasedby59% month-over-month,to73,andwere70%aboveAugust 2020. Thesales-to-listingratiofortownhomesinVancouver West,at41%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$1,488,000,a 17%increasefromJulyand11%aboveAugust2020. Theaveragesoldpricewas$1,534,678,10%abovelast month;theaveragePSFsalepricewas$1,046,up0.8%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 6% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2020
▲ 11% VS2020
▼ 22% VS2020
▲ 70% VS2020
THISMONTH No. $1,046 $1,534,678 $1,488,000 41% 73 180
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$991 $1,420,969 $1,335,000 19% 43 232
6% 8% 11% 119% 70% -22%
$1,038 $1,399,495 $1,277,000 21% 46 222
0.8% 10% 17% 96% 59% -19%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
243
255
231
227
222
222
219
232
227
187
185
180
180
97
96
90
73
55
50
46
60
43
57
46
34 34
$1.51M
$1.49M
$1.45M
$1.45M
$1.38M
$1.34M
$1.32M
$1.32M
$1.30M
$1.28M
$1.24M
$1.20M
$1.19M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
70
8
60
4+bdrms
20
50
80% 80%
40
35
3bdrms
56%
78
30
42%
38%
20
24
2bdrms
17%
75
10
0
6
<$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
0 1 n/a
5 4 80%
10 8 80%
16 6 38%
32 18 56%
64 27 42%
53 9 17%
7
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