TOWNHOME - SEPTEMBER 2019 fraser valley board area
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
5 % DOWN
1.9 % DOWN
28 % UP
SELLER’S 23 %
The number of townhome listings in the Fraser Valley board area decreased to 1,366 in September, 7% below last month and 1.9% lower than last year. At 318, townhome sales were down 0.9% vs August but 28% above last year. The sales-to-listings ratio, at 23%, remained favour- able to sellers. The benchmark price in September was $520,000, virtually unchanged from last month and 5% lower vs last year. The average sold price was 0.8% higher between August and September, at $563,462, while the aver- age PSF sales price was 1.4% lower (at $364).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
1,366
1,473
-7%
1,392
-1.9%
TOTAL SALES
318 23%
321 22%
-0.9%
249 18%
28% 30% -5% -4% -5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
7%
$520,000 $521,400 $563,462 $558,992
-0.3% $546,100 0.8% $589,466 -1.4% $385
$364
$369
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$546,100 $532,800 $522,100 $517,300 $522,500 $520,700 $520,000
1,573
1,528
1,392
1,366
1,341
1,271
1,083
406
383
318
300
249
241
189
FVREB
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
55
4+ bdrms
BUYER'S MARKET
290
169
3 bdrms
739
94
<3 bdrms
. . . . 0 0 0 0 QD QD QD
337
S-L RATIO SALES INVENTORY
Copyright © 2019 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 3, 2019. All data from RealEstateBoardof Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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