greatervancouverboard area TOWNHOME-MAY 202
SALES TO LISTINGSRATIO 36% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,123 townhom elistingsin theG reater Vancouverboard areain M ay,22% aboveApriland no changetoM ay2021. M aytownhom esalesdecreased by20% m onth-over-m onth,to403,and were42% below M ay 2021. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at36% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,029,900,a 6% decreasefrom Apriland 15% aboveM ay2021. Theaveragesold pricewas$1,121,705,1.6% below last m onth;theaveragePSF salepricewas$799,down 1.6% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 17% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 15% VS 2021
▲ 15% VS 2021
0% VS 2021
▼ 42% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 55% 503 922
% Change
TOTALLISTINGS TOTALSALES
36% 403 1,123
62% 692 1,123
17% 15% 15% -42% -42% 0%
-1.6% -1.6% -6% -34% -20% 22%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$799 $1,121,705 $1,029,900
$812 $1,139,503 $1,100,000
$682 $972,136 $892,500
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,123
1,123
1,123
964
792
922
825
692
623
755
597
599
667
500
629
387
508
502
503
493
477
403
467
284 446
365
$1.10M $1.10M $1.15M
$1.10M $1.03M
$995K $969K
$899K $960K $945K
$893K $900K $899K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
59
4+ bdrms
250
200
200
65%
213
3 bdrms
150
614
46%
44%
35%
100
28%
115
23% 22%
2 bdrms
275
50
10%
0
16
<$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
10 1 10%
26 12 46%
115 75 65%
290 101 35%
212 94 44%
233 66 28%
163 38 23%
74 16 22%
34
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