TOWNHOME - DECEMBER 2020 vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 20 %
3 % DOWN
11 % DOWN
1.2 % UP
13 % UP
At 166, the number of townhome listings in Vancouver West was 29% lower month-over-month and 11% lower year-over-year. Townhome sales, at 34, were down by 26% vs November but 13% above last December. The sales-to-listings ratio was unchanged at 20% in December as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in December was $1.14M, 0.8% below last month but 0.4% higher than last year. The average sold price was $1.35M, while the average PSF sales price was $916 (increasing 9% and decreasing 0.3%, respectively, from last month).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 235
% Change
No. 186
% Change
TOTAL LISTINGS
166
-29% -26%
-11% 13% 27% 0.4% 1.2%
TOTAL SALES
34
46
30
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
20%
5%
16%
$1,141,600 $1,150,600 $1,345,169 $1,230,080
-0.8% $1,136,500 9% $1,329,437
$916
$919
-0.3%
$948
-3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
(MILLIONS)
$1.16
$1.16
$1.14
$1.14
$1.14
$1.12
$1.12
259
241
214
212
195
186
166
55
43
34
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
2
4+ bdrms
14
SELLER'S MARKET
BALANCED
13
3 bdrms
BUYER'S MARKET
79
19
<3 bdrms
. . . . 0 0 0 0 QD QD
73
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.
42
Made with FlippingBook - professional solution for displaying marketing and sales documents online