TOWNHOME MAY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
60 % DOWN
19 % UP
21 % UP
37 % DOWN
SELLER’S 24 %
The 68 townhome listings in Vancouver East in May were unchanged month-over-month but 37% lower year-over-year. The 16 townhome sales in May were 4 above last month but 24 lower vs last year. The sales-to-listings ratio for townhomes increased to 24%, as conditions in Vancouver East’s townhome market became favourable to sellers. The townhome benchmark price in May was $905,000, up 1.3% from April and 3% higher year-over-year. May’s average sold price was $1.06M at an average PSF sales price of $839 (up 7% and 4%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 108
% Change
TOTAL LISTINGS
68 16
68 12
0.0% 33% 33%
-37% -60% -36%
TOTAL SALES
40
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24%
18%
37%
$905,000 $893,300 $1,058,431 $986,667
1.3% $881,100 7% $892,042
3%
19% 21%
$839
$810
4%
$693
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$881,100 $855,900 $850,900 $869,100 $912,800 $907,800 $905,000
108
101
94
72
68
61
40
40
38
24
24
22
16
16
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
4+ bdrms
BALANCED
6
BUYER'S MARKET
10
3 bdrms
42
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD
20
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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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