vancouverwest TOWNHOME-SEPTEMBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere156 townhom elistingsin VancouverW estin Septem ber,nochangetoAugustand 12% higherthan Septem ber2021. Septem bertownhom esalesdecreased by15% m onth-over-m onth,to22,and were54% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at14% ,reflected abalanced m arket. Thetownhom em edian pricein Septem berwas $1,619,500,a26% increasefrom Augustand 15% above Septem ber2021. Theaveragesold pricewas$1,597,105,14% abovelast m onth;theaveragePSF salepricewas$1,059,down 4% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 1.4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.1% VS 2021
▲ 15% VS 2021
▲ 12% VS 2021
▼ 54% VS 2021
THISMONTH No. $1,059 $1,597,105 $1,619,500 14% 22 156
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,074 $1,598,941 $1,412,500 35% 48 139
-1.4% -0.1% 15% -59% -54% 12%
$1,099 $1,398,792 $1,290,000 17% 26 156
-4% 14% 26% -15% -15% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
177
150
170
169
156
137
156
139
145
142
19
13
54
51
49
49
45
44
48
26
46
39
35
22
20
$1.72M
$1.61M
$1.62M
$1.56M $1.63M
$1.54M
$1.51M
$1.48M $1.52M
$1.41M $1.44M
$1.35M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
2
60
4+ bdrms
15
50
10
40
57%
3 bdrms
79
44%
30
20
10
2 bdrms
54
12%
10
9%
8%
0
<$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 0 n/a
7 4 57%
9 4 44%
26 2 8%
67 8 12%
9%
8
44 4
Copyright© October5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofOctober5,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 49 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online