the rennie review - June 2022

vancouverwest TOWNHOME-MAY 202

SALES TO LISTINGSRATIO 26% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 5% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 6% VS 2021

▲ 5% VS 2021

▼ 4% VS 2021

▼ 47% VS 2021

Therewere175 townhom elistingsin VancouverW estin M ay,3% aboveApriland 4% lowerthan M ay2021. M aytownhom esalesrem ained thesam e m onth-over-m onth,at46,and were47% below M ay 2021. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at26% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,529,000,a 6% decreasefrom Apriland 5% aboveM ay2021. Theaveragesold pricewas$1,535,493,5% below last m onth;theaveragePSF salepricewas$1,146,down 1.9% tolastm onth.

THISMONTH No. $1,146 $1,535,493 $1,529,000 26% 46 175

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$1,087 $1,448,987 $1,449,450 47% 86 182

-44% -47% -4%

$1,168 $1,622,350 $1,633,950 27% 46 170

0% 3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

-1.9% -5% -6% -3%

5% 6% 5%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2021 ● MAY 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

174

182

170

175

183

150

137

145

142

141

139

19

13

86

69

54

49

49

44

46

54

48

46

41

35 39

$1.72M

$1.61M

$1.56M $1.63M $1.53M

$1.49M $1.41M $1.44M

$1.48M $1.52M

$1.45M

$1.29M $1.30M

VANCOUVERW EST REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

70

1

4+ bdrms

60

13

50

67%

16

60%

40

3 bdrms

90

30

40%

29%

20

28

22%

2 bdrms

19%

64

10

0

1

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

1 0 n/a

3 2 67%

10 4 40%

10 6 60%

34 10 29%

69 15 22%

48 9 19%

8

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