greatervancouverboardarea TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 57% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 14% VS2020
▲ 14% VS2020
▼ 46% VS2020
▼ 6% VS2020
Therewere888townhomelistingsintheGreater VancouverboardareainAugust,14%belowJulyand46% lowerthanAugust2020. Augusttownhomesalesdecreasedby2% month-over-month,to507,andwere6%belowAugust 2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at57%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$900,000,a 0.0%increasefromJulyand14%aboveAugust2020. Theaveragesoldpricewas$1,011,939,4%abovelast month;theaveragePSFsalepricewas$698,up1.7%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
57% 507 888
33% 542 1,658
14% 14% 14% 75% -6% -46%
50% 519 1,036
1.7% 4% 0% 14% -2% -14%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$698 $1,011,939 $900,000
$686 $973,564 $899,900
$610 $883,864 $788,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,658
1,645
1,259
1,440
1,192
1,192
1,153
1,085
955
901
847
1,036
888
955
928
678
636
634
506
706
542
616
507
536
519
372
$910K
$909K
$900K
$901K
$900K
$900K
$900K
$815K
$816K
$789K
$790K
$791K
$780K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
79
4+bdrms
137
88%
150
74% 71%
64%
282
3bdrms
483
50%
100
36% 38%
133
50
2bdrms
18%
244
0
13
<$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
2 1 50%
41 36 88%
182 134 74%
209 148 71%
130 83 64%
130 47 36%
120 45 38%
74 13 18%
24
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
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