TOWNHOME AUGUST vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
9 % UP
15 % UP
7 % UP
14 % UP
29 % UP
SELLER’S 31 %
The 100 townhome listings in Vancouver East in August were 1.0% lower month-over-month but 14% higher year-over-year. The 31 townhome sales in August were 7% above last month and 29% higher vs last year. The sales-to-listings ratio for townhomes increased to 31%, as conditions in Vancouver East’s townhome market remained favourable to sellers. The townhome benchmark price in August was $903,100, up 1.7% from July and 7% higher year-over-year. August’s average sold price was $1.04M at an average PSF sales price of $850 (up 4% and 5%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 101
% Change
No.
% Change
TOTAL LISTINGS
100
-1.0%
88 24
14% 29% 14%
TOTAL SALES
31
29
7% 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
31%
29%
27%
$903,100 $887,700 $1,044,597 $1,007,841
1.7% $847,100 4% $957,834
7% 9%
$850
$813
5%
$739
15%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$901,500 $893,300 $888,600 $903,100
$847,100 $860,300 $886,100
100
95
88
84
69
53
42
31
29
25
24
19
17
12
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
2
BUYER'S MARKET
4+ bdrms
8
16
3 bdrms
55
13
<3 bdrms
. . . . 0 0 0 0 QD QD
37
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of September 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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