TOWNHOME AUGUST vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 19 %
12 % DOWN
10 % UP
10 % UP
19 % UP
At 225, the number of townhome listings in Vancouver West were 0.4% lower in August than in July and 12% below August 2019. Townhome sales, at 43, were down by 10% vs July but up 19% vs last August. The sales-to-listings ratio increased to 19% in August as Vancouver West’s townhome market tran- sitioned to balanced market territory. The benchmark price in August was $1.16M, 2% above last month and 4% higher than last year. The average sold price was $1.42M, while the average PSF sales price was $991 (increasing 8% and 1.4%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 226
% Change
No. 257
% Change
TOTAL LISTINGS
225
-0.4% -10% -10%
-12% 19% 36%
TOTAL SALES
43
48
36
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
19%
21%
14%
$1,162,600 $1,139,900 $1,420,969 $1,315,225
2% $1,115,100 8% $1,289,446
4%
10% 10%
$991
$977
1.4%
$897
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.16
$1.14
$1.14
$1.12
$1.12
$1.12
$1.11
257
257
225
214
212
195
186
51
43
36
34
34
30
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
21
SELLER'S MARKET
16
BALANCED
3 bdrms
BUYER'S MARKET
103
26
<3 bdrms
. . . . 0 0 0 0 QD QD
101
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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