TOWNHOME JUNE vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
22 % DOWN
12 % UP
10 % UP
22 % DOWN
SELLER’S 31 %
The 80 townhome listings in Vancouver East in June were 14% higher month-over-month but 22% lower year-over-year. The 25 townhome sales in June were 9 above last month but 7 below vs last year. The sales-to-listings ratio for townhomes increased to 31%, as conditions in Vancouver East’s townhome market continued to be favourable to sellers. The townhome benchmark price in June was $888,600, down 1.8% fromMay but 2% higher year-over-year. June’s average sold price was $966,936 at an average PSF sales price of $799 (down 9% and 5%, respec- tively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 102
% Change
TOTAL LISTINGS
80 25
70 16
14% 56% 37%
-22% -22% -0.4%
TOTAL SALES
32
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
31%
23%
31%
$888,600 $905,000 $966,936 $1,058,431
-1.8% $869,800 -9% $862,759
2%
12% 10%
$799
$839
-5%
$728
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$869,800 $847,100 $860,300 $886,100 $901,500 $893,300 $888,600
102
95
88
80
69
53
42
32
29
24
25
19
17
12
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
1
4+ bdrms
BALANCED
7
BUYER'S MARKET
14
3 bdrms
50
10
<3 bdrms
. . . . 0 0 0 0 QD QD QD
23
S-L RATIO SALES INVENTORY
Copyright © 2020 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 July 3, 2020. All data from Real Estate Board of 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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