the rennie review - July 2022

vancouverwest TOWNHOME-JUNE 202

SALES TO LISTINGSRATIO 27% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 11% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 7% VS 2021

▲ 4% VS 2021

▼ 8% VS 2021

▼ 17% VS 2021

Therewere169 townhom elistingsin VancouverW estin June,5% below M ayand 8% lowerthan June2021. Junetownhom esalesdecreased by12% m onth-over-m onth,to45,and were17% below June 2021. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at27% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$1,349,900,a 10% decreasefrom M ayand 4% aboveJune2021. Theaveragesold pricewas$1,435,645,8% below last m onth;theaveragePSF salepricewas$1,130,down 4% tolastm onth.

THISMONTH No. $1,130 $1,435,645 $1,349,900 27% 45 169

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$1,016 $1,344,353 $1,292,500 30% 54 183

11% 7% 4% -10% -17% -8%

$1,179 $1,568,364 $1,508,000 29% 51 177

-4% -8% -10% -8% -12% -5%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

174

183

170

177 169

150

137

145

142

141 139

19

13

69

54

51

49

49

44

54

45

48

46

41

39

35

$1.72M

$1.61M

$1.56M $1.63M

$1.49M $1.41M $1.44M

$1.51M

$1.48M $1.52M

$1.35M

$1.29M $1.30M

VANCOUVERW EST REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

70

1

100%+

4+ bdrms

60

19

50

64%

15

40

3 bdrms

89

50%

30

38%

20

24

2 bdrms

17%

50

10

10%

0

5

<$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

3 7 233%

8 4 50%

11 7 64%

26 10 38%

69 12 17%

52 5 10%

11

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