greatervancouverboardarea TOWNHOME-FEBRUARY 202
SALESTO LISTINGSRATIO 78% SELLERS'MARKET
▶ MARKETSUMMARY Therewere602townhomelistingsintheGreater VancouverboardareainFebruary,35%aboveJanuary and33%lowerthanFebruary2021. Februarytownhomesalesincreasedby65% month-over-month,to468,andwere22%below February2021. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at78%,reflectedaselers'market. ThetownhomemedianpriceinFebruarywas $1,101,000,a0.1%increasefromJanuaryand24%above February2021. Theaveragesoldpricewas$1,195,629,5%abovelast month;theaveragePSFsalepricewas$841,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 30% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2021
▲ 24% VS2021
▼ 33% VS2021
▼ 22% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 67% 601 899
%Change
No. 64% 284 446
%Change
TOTALLISTINGS TOTALSALES
78% 468 602
30% 26% 24% 16% -22% -33%
6% 5% 0.1% 22% 65% 35%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$841 $1,195,629 $1,101,000
$790 $1,143,021 $1,099,900
$645 $952,040 $890,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,029
1,123 1,123
1,088
882
830
899
964
792
825
623
468 602
597
692
667
500
601
387
508
502
493
477
446
365
284
$1.10M
$1.10M
$995K
$969K
$960K
$945K
$900K
$905K
$900K
$890K
$893K
$899K
$899K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
140
64
100%
100%+
4+bdrms
97
120
83%
80%
100
69%
274
60%
59%
3bdrms
80
323
42%
60
119
40
2bdrms
165
20
0
11
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
4 4 100%
15 12 80%
68 40 59%
145 121 83%
94 127 135%
111 77 69%
100 60 60%
65 27 42%
17
Copyright©March7,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch7,202.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
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