the rennie review - July 2022

vancouvereast TOWNHOME-JUNE 202

SALES TO LISTINGSRATIO 33% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 6% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 13% VS 2021

▲ 10% VS 2021

▼ 5% VS 2021

▼ 39% VS 2021

Therewere95 townhom elistingsin VancouverEastin June,4% below M ayand 5% lowerthan June2021. Junetownhom esalesdecreased by6% m onth-over-m onth,to31,and were39% below June 2021. Thesales-to-listing ratio fortow nhom esin Vancouver East,at33% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$1,150,000,a 4% decreasefrom M ayand 10% aboveJune2021. Theaveragesold pricewas$1,161,011,1.8% below last m onth;theaveragePSF salepricewas$911,down 2.0% tolastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

31 95

$857 $1,023,105 $1,043,000 51% 51 100

6% 13% 10% -36% -39% -5%

33 99

-4% -2% -6% -4%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$911 $1,161,011 $1,150,000 33%

$930 $1,182,251 $1,200,000 33%

-2% -1.8%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

99

100

95

99

83

88

83 86

74

59

48

51

44

44

43

41

51

34

42

39

38

31

33

30

27

24

$1.27M

$1.18M $1.20M $1.20M $1.15M

$1.15M

$1.08M

$1.07M $1.00M

$1.04M

$950K $1.04M $978K

VANCOUVEREAST REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

4

25

4+ bdrms

9

20

17

60%

3 bdrms

15

58

50%

50%

44%

10

8

26%

2 bdrms

18%

5

25

0

2

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

2 1 50%

5 3 60%

18 9 50%

16 7 44%

27 7 26%

22 4 18%

5 0 n/a

3

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