TOWNHOME JUNE vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 17 %
0.5 % DOWN
34 % DOWN
16 % UP
11 % UP
3 % UP
At 201, the number of townhome listings in Vancouver West were 5% higher in June than in May but 34% below June 2019. Townhome sales, at 34, were up by 4 vs May and 1 above last June. The sales-to-listings ratio increased to 17% in June as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in June was $1.12M, 0.5% below last month and the same amount below last year. The average sold price was $1.36M, while the aver- age PSF sales price was $977 (increasing 18% and 1.2%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 191
% Change
No. 306
% Change
TOTAL LISTINGS
201
5%
-34%
TOTAL SALES
34
30
13%
33
3%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
16%
8%
11%
57%
$1,119,800 $1,125,000 $1,361,923 $1,156,483
-0.5% $1,125,800 18% $1,173,691
-0.5%
16% 11%
$977
$965
1.2%
$882
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.14
$1.14
$1.13
$1.12
$1.12
$1.12
$1.11
306
257
257
212
201
195
186
51
36
34
34
33
30
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
16
SELLER'S MARKET
11
BALANCED
3 bdrms
BUYER'S MARKET
100
22
<3 bdrms
. . . . 0 0 0 0 QD QD
85
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
42
Made with FlippingBook - professional solution for displaying marketing and sales documents online