vancouver east TOWNHOME - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 24% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 5% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 23% VS 2024
▼ 8% VS 2024
▼ 9% VS 2024
▼ 4% VS 2024
There were 114 townhome listings in Vancouver East in February, 3% below January and 4% lower than February 2024. February townhome sales increased by 29% month-over-month, to 27, and were 23% above February 2024. The sales-to-listing ratio for townhomes in Vancouver East, at 24%, re'ected a sellers' market. The townhome median price in February was $1,080,000, a 1.8% decrease from January and 9% below February 2024. The average sold price was $1,099,725, 12% below last month; the average PSF sale price was $874, down 10% to last month.
THIS MONTH No. $874 $1,099,725 $1,080,000 24% 27 114
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$836 $1,191,640 $1,182,500 18% 22 119
5% -8% -9% 28% 23% -4%
$968 $1,252,200 $1,099,900 18% 21 117
32% 29% -3%
-10% -12% -1.8%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● FEB 2024 ● FEB 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
135
130
128
125
142
141
117
117
119
114
111
106
104
42
38
29
27
27
27
22
29
29
21
20
16
15
$1.22M $1.20M $1.14M $1.18M
$1.18M $1.25M
$1.10M $1.15M $1.19M
$1.10M $1.08M
$1.09M
$1000K
VANCOUVER EAST
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
1
25
4+ bdrms
15
20
14
3 bdrms
63
15
43%
42%
11
2 bdrms
10
29
28%
22%
1
5
<2 bdrms
4%
7
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
1 0 n/a
7 3 43%
25 7 28%
26 11 42%
23 5 22%
24 1 4%
5 0 n/a
3 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. 49 ●
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