greater vancouver board area
TOWNHOME - DECEMBER 2020
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
24 % DOWN
3 % UP
4 % UP
73 % UP
SELLER’S 58 %
The number of townhome listings in the REBGV decreased to 864 in December, 35% below November and 24% lower year-over-year. Townhome sales in December, at 504, were down 6% vs November but 73% above last year. The sales-to-listings ratio increased to 58% as the REBGV townhome market remained a seller’s market. The townhome benchmark price in December was $813,900, 0.1% below November but 5% higher than in December 2019. The average sold price was $868,538, with an average PSF sales price of $601 (up 1.1% and 0.3%, respectively, vs November).
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
864 504 58%
1,334
-35% -6% 45%
1,134
-24% 73% 127%
TOTAL SALES
535 40%
292 26%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$813,900 $814,800 $868,538 $859,503
-0.1% $776,200 1.1% $847,211
5% 3% 4%
$601
$599
0.3%
$577
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$776,200 $783,400 $791,200 $790,800 $806,400 $813,000 $813,900
1,706
1,577
1,530
1,348
1,314
1,134
864
678
540
504
412
339
292
193
REBGV
FVREB
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
89
4+ bdrms
BUYER'S MARKET
140
283
3 bdrms
450
132
<3 bdrms
. . . . 0 0 0 0
276
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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