greatervancouverboard area TOWNHOME-SEPTEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,065 townhom elistingsin theG reater Vancouverboard areain Septem ber,1.3% aboveAugust and 34% higherthan Septem ber2021. Septem bertownhom esalesdecreased by20% m onth-over-m onth,to 225,and were53% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at21% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $936,000,a0.6% decreasefrom Augustand 3% below Septem ber2021. Theaveragesold pricewas$1,020,551,1.5% abovelast m onth;theaveragePSF salepricewas$726,down 0.7% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2021
▼ 3% VS 2021
▲ 34% VS 2021
▼ 53% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 60% 477 792
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21% 225 1,065
0.4% -3% -3% -65% -53% 34%
27% 282 1,051
-0.7% 1.5% -0.6% -21% -20% 1.3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$726 $1,020,551 $936,000
$732 $1,005,567 $941,500
$724 $1,055,175 $960,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,139
1,065
1,126
1,106
1,051
753 920
792
597
599
667
629
477
409
387
501
503
493
467
446
441
282
365
225
284
240
$1.10M $1.10M $1.15M $1.10M
$1.03M $1.01M
$990K $942K $936K
$960K $945K $995K $969K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
30
4+ bdrms
192
200
136
150
3 bdrms
597
50%
100
30%
52
23% 25%
2 bdrms
50
244
12%
8%
7% 8%
0
7
<$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
13 1 8%
30 9 30%
111 56 50%
253 58 23%
240 61 25%
186 22 12%
161 12 7%
8%
32
71 6
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. 9 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online