TOWNHOME JUNE vancouver region
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % UP
2 % UP
29 % UP
28 % DOWN
SELLER’S 32 %
The number of townhome listings in the Vancouver Region increased 12% from last month, settling at 2,690, but were 28% below June 2019. Townhome sales, at 863, were 78% higher vs last month but 79% below June 2019. The sales-to-listings ratio jumped to 32% in June, as the Vancouver Region’s townhome segment contin- ued to be a seller’s market. The benchmark price in June was up 0.3% vs May, at $688,400, and was 2% higher year-over-year. The average sold price was $713,366 in June, (decreasing 0.4% vs May) while the average PSF sales price was $482 (decreasing 1.8%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
2,690
2,411
12% 78% 59%
3,718
-28% 29% 79%
TOTAL SALES
863 32%
486 20%
667 18%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$688,400 $686,500 $713,366 $715,970
0.3% $674,000 -0.4% $684,113 -1.8% $472
2% 4% 2%
$482
$491
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$674,000 $666,000 $668,900 $669,500 $676,500 $684,500 $688,400
3,718
3,515
3,150
2,690
2,358
2,294
1,976
863
860
677
667
664
578
393
VANCOUVR REGION REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
163
4+ bdrms
541
467
3 bdrms
1,436
233
<3 bdrms
713
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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