TOWNHOME - DECEMBER 2020 vancouver region
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
25 % DOWN
5 % UP
5 % UP
74 % UP
SELLER’S 68 %
The number of townhome listings in the Vancouver Region decreased 38% from last month, settling at 1,486, and were 25% below December 2019. Townhome sales, at 1,005, were 6% lower vs last month but 74% above December 2019. The sales-to-listings ratio increased to 68% in December, as the Vancouver Region’s townhome segment remained in a seller’s market. The benchmark price in December was 0.5% above November, at $708,800, and was 6% higher year-over-year. The average sold price was $742,416 in December, (increasing 0.2% vs November) while the average PSF sales price was $498 (increasing 0.5%).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
1,486 1,005
2,386 1,067
-38% -6% 51%
1,978
-25% 74% 132%
TOTAL SALES
577 29%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
68%
45%
$708,800 $705,500 $742,416 $740,961
0.5% $669,500 0.2% $709,733
6% 5% 5%
$498
$496
0.5%
$475
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$708,800
$669,500 $676,500 $684,500 $688,400 $697,800 $703,800
3,031
2,833
2,793
2,366
2,297
1,978
1,486
1,288
1,055
863
676
577
393
1,005
VANCOUVR REGION REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
210
4+ bdrms
BUYER'S MARKET
294
548
3 bdrms
783
247
<3 bdrms
. . . . 0 0 0 0
411
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.
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