the rennie review - October 2022

vancouverregion TOWNHOME-SEPTEMBER 202

SALES TO LISTINGSRATIO 21% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere2,180 townhom elistingsin theVancouver Region in Septem ber,1.2% below Augustand 67% higher than Septem ber2021. Septem bertownhom esalesdecreased by18% m onth-over-m onth,to 461,and were50% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at21% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $850,000,a0% changefrom Augustand 1.9% above Septem ber2021. Theaveragesold pricewas$906,802,0.1% below last m onth;theaveragePSF salepricewas$610,down 1.8% tolastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE 0.0% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 1.4% VS 2021

▲ 1.9% VS 2021

▲ 67% VS 2021

▼ 50% VS 2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

21% 461 2,180

71% 925 1,306

0% -1.5% 1.9% -70% -50% 67%

26% 565 2,206

-1.8% -0.1% 0% -17% -18% -1.2%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$610 $906,802 $850,000

$622 $907,600 $850,000

$611 $920,571 $834,000

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2021 ● SEP 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

2,443

2,433

2,372

2,180

2,206

2,002

1,677

1,227 1,251

1,306

1,076

941

782

925

771

766

1,001 973

912

895

565

801

461

587

574

474

$990K $1.02M $1.00M

$983K $925K

$915K $894K $850K $850K

$847K $880K $900K

$834K

VANCOUVERREGION REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

700

85

4+ bdrms

600

463

500

266

400

3 bdrms

1,193

300

34%

29%

102

200

2 bdrms

20% 20%

486

12%

11%

100

7% 8%

0

8

<$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

36 4 11%

110 32 29%

462 158 34%

710 142 20%

391 80 20%

230 27 12%

169 12 7%

8%

38

72 6

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