fraser valley board area TOWNHOME - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 19% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 0.7% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 58% VS 2024
▼ 3% VS 2024
▼ 3% VS 2024
▼ 9% VS 2024
There were 1,370 townhome listings in the Fraser Valley board area in February, 10% above January and 58% higher than February 2024. February townhome sales increased by 13% month-over-month, to 263, and were 9% below February 2024. The sales-to-listing ratio for townhomes in the Fraser Valley board area, at 19%, re%ected a balanced market. The townhome median price in February was $839,900, a 0.0% decrease from January and 3% below February 2024. The average sold price was $871,748, 0.0% below last month; the average PSF sale price was $546, down 0.3% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No. 290 865
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$546 $871,748 $839,900 19% 263 1,370
0.7% -3% -3% -43% -9% 58%
$547 $871,931 $840,000 19% 233 1,243
13% 10%
$542 $895,198 $861,500 34%
-0.3% 0% 0% 2%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● FEB 2024 ● FEB 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
1,368
1,496 1,452
1,286
1,370
1,446
1,440
1,363
1,113
1,243
1,139
865
926
411
393
360
348
290
374
263
346
265
264
259
245
233
$870K
$862K
$860K
$852K
$834K
$835K
$840K
$840K
$830K
$830K
$822K
$830K
$800K
FVREB
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
600
73
4+ bdrms
456
500
125
3 bdrms
400
613
300
65
2 bdrms
293
26%
200
19%
18%
15%
13%
<2 bdrms
100
8
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
Null
S-L RATIO SALES INVENTORY
84 11 13%
348 89 26%
608 115 19%
211 31 15%
93 17 18%
10 0 n/a
5 0 n/a
11 0 n/a
Copyright © 2025 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 March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 12 ●
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