TOWNHOME - SEPTEMBER 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
3 % UP
14 % UP
0.8 % UP
11 % DOWN
SELLER’S 26 %
The 93 townhome listings in Vancouver East in September were up 7% month-over-month but 11% lower year-over-year. The 24 townhome sales in September were unchanged vs last month and 3 higher vs last year. The sales-to-listings ratio for townhomes decreased to 26%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in September was $843,400, 0.6% above August but 4% lower year-over-year. September’s average sold price of $885,893 was 8% below last month, while the average PSF sales price was $667 (down 10% vs last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 105
% Change
TOTAL LISTINGS
93 24
87 24
7%
-11% 14% 29%
TOTAL SALES
0.0%
21
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26%
28%
-6%
20%
$843,400 $838,100 $885,893 $957,834
0.6% $880,800 -8% $857,996
-4%
3%
$667
$739
-10%
$662
0.8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$880,800 $872,400 $840,600 $861,800 $873,700 $847,400 $843,400
108
105
101
97
95
93
83
40
24
24
23
21
20
8
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
5
4+ bdrms
BUYER'S MARKET
7
14
3 bdrms
53
5
<3 bdrms
. . . . 0 0 0 0 QD QD QD
33
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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