vancouverregion TOWNHOME-MAY 202
SALES TO LISTINGSRATIO 31% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere2,367 townhom elistingsin theVancouver Region in M ay,18% aboveApriland 20% higherthan May 2021. M aytownhom esalesdecreased by19% m onth-over-m onth,to723,and were48% below M ay 2021. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at31% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$925,000,a6% decreasefrom Apriland 19% aboveM ay2021. Theaveragesold pricewas$1,016,241,3% below last m onth;theaveragePSF salepricewas$695,down 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 21% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 20% VS 2021
▲ 19% VS 2021
▲ 20% VS 2021
▼ 48% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
31% 723 2,367
1,400 1,969
21% 20% 19% -57% -48% 20%
45% 896 2,004
-32% -19% 18%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$573 $847,236 $775,000 71%
$695 $1,016,241 $925,000
$712 $1,049,361 $982,944
-2% -3% -6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,367
1,910
1,969
2,004
1,674
1,679
1,306
1,254
1,400
1,227
1,193
1,377
1,076
973
782
766
1,013
1,001 942
987
925
914
896
723
587
574
$990K $1.02M $1000K
$983K $925K
$847K $880K $900K
$775K $785K $781K $790K $834K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
122
4+ bdrms
800
547
600
393
3 bdrms
1,245
400
41% 43%
32%
28%
190
26% 24%
22%
2 bdrms
200
17%
538
0
18
<$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
24 4 17%
66 27 41%
378 162 43%
906 251 28%
439 142 32%
303 79 26%
177 42 24%
74 16 22%
37
Copyright© June7,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJune7,202 .Aldatafrom RealEstateBoardofGreaterVancouverand FraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshouldtakestepsas therecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationis subjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 6 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online