vancouverregion TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 71% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,441townhomelistingsintheVancouver RegioninAugust,18%belowJulyand51%lowerthan August2020. Augusttownhomesalesincreasedby2% month-over-month,to1,021,andwere4%belowAugust 2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at71%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$790,000,a 1.0%increasefromJulyand20%aboveAugust2020. Theaveragesoldpricewas$874,481,1.8%abovelast month;theaveragePSFsalepricewas$589,up0.6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 18% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 17% VS2020
▲ 20% VS2020
▼ 51% VS2020
▼ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,021 1,441
1,060 2,925
18% 17% 20% 96% -4% -51%
57% 998 1,747
0.6% 1.8% 1% 24% 2% -18%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$589 $874,481 $790,000 71%
$497 $749,347 $660,000 36%
$585 $859,343 $782,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,925
2,619
2,956
2,261
2,038
2,025
1,979
1,747
1,6821,726
1,642
1,608
1,486
1,414
1,291
1,441
1,587
1,196
1,405
1,060
1,204
1,021
1,071
1,013
998
836
$788K
$790K
$780K
$785K
$782K
$776K
$720K
$688K
$675K
$665K
$671K
$660K
$656K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
400
182
95%
4+bdrms
279
86%
79%
300
566
62%
3bdrms
788
200
39% 36%
32%
257
100
2bdrms
18%
343
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
16
S-LRATIO SALES INVENTORY
28 9 32%
130 112 86%
424 403 95%
358 282 79%
168 104 62%
135 53 39%
124 45 36%
74 13 18%
<2bdrms
31
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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