richmond
DETACHED - DECEMBER 2020
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
17 % DOWN
11 % UP
-
30 % UP
SELLER’S 25 %
There were 440 detached listings in Richmond in December, 28% below November and 17% lower vs December 2019. The 112 detached sales were an increase of 29% month-over-month and up 30% year-over-year. The sales-to-listings ratio rose to 25% in December, as Richmond’s detached market became favourable to sellers. The benchmark price was $1.58M in December, 0.3% above November and 6% higher year-over-year. The average sold price was $1.87M, 7% above November and 11% higher year-over-year.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 610
% Change
No. 527
% Change
TOTAL LISTINGS
440 112 25%
-28% 29% 78%
-17% 30% 56%
TOTAL SALES
87
86
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
16%
$1,584,700 $1,580,100 0.3% $1,492,300
6%
$1,865,293 $1,749,793
7% $1,682,297
11%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
(MILLIONS)
$1.58
$1.58
$1.55
$1.53
$1.51
$1.51
$1.49
1.95
1.94
1.92
1.26
1.25
1.21
647
604
596
561
527
523
440
112
107
98
86
75
53
36
Dec-19
Nov-20
Dec-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
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 January 6, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
29
Made with FlippingBook - professional solution for displaying marketing and sales documents online