vancouverregion TOWNHOME-FEBRUARY 202
SALESTO LISTINGSRATIO 75% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,229townhomelistingsintheVancouver RegioninFebruary,60%aboveJanuaryand14%lower thanFebruary2021. Februarytownhomesalesincreasedby59% month-over-month,to917,andwere34%below February2021. Thesales-to-listingratiofortownhomesintheVancouver Region,at75%,reflectedaselers'market. ThetownhomemedianpriceinFebruarywas $1,025,000,a4%increasefromJanuaryand42%above February2021. Theaveragesoldpricewas$1,094,315,6%abovelast month;theaveragePSFsalepricewas$741,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 42% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 38% VS2021
▲ 42% VS2021
▼ 14% VS2021
▼ 34% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 75% 575 766
%Change
TOTALLISTINGS TOTALSALES
75% 917 1,229
1,390 1,430
42% 38% 42% -23% -34% -14%
59% 60%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$524 $793,454 $720,000 97%
6% 6% 4% -0.6%
$741 $1,094,315 $1,025,000
$696 $1,034,647 $990,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,960
1,969
1,670
1,674
1,663
1,910
1,591
1,400
1,430
1,306
1,229
1,193
1,390
1,377
1,076
973
942
917
782
1,013
766
1,002
987
925
587
575
$1.02M
$990K
$900K
$880K
$845K
$834K
$790K
$780K
$781K
$785K
$781K
$775K
$720K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
169
100%+
400
4+bdrms
274
86%
83%
300
67%
499
62%
62%
3bdrms
650
200
42%
41%
235
100
2bdrms
286
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
19 14
S-LRATIO SALES INVENTORY
12 10 83%
42 26 62%
215 88 41%
450 303 67%
191 270 141%
148 127 86%
106 66 62%
65 27 42%
<2bdrms
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