vancouvereast TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 47% SELLERS'MARKET
▶ MARKETSUMMARY Therewere89townhomelistingsinVancouverEastin October,10%belowSeptemberand18%lowerthan October2020. Octobertownhomesalesdecreasedby13% month-over-month,to42,andwere20%aboveOctober 2020. Thesales-to-listingratiofortownhomesinVancouver East,at47%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$1,152,500, a18%increasefromSeptemberand15%aboveOctober 2020. Theaveragesoldpricewas$1,119,808,7%abovelast month;theaveragePSFsalepricewas$902,up10%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 17% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 12% VS2020
▲ 15% VS2020
▼ 18% VS2020
▲ 20% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
42 89
$769 $997,767 $999,999 32% 35 108
17% 12% 15% 46% 20% -18%
48 99
10% 7% 18% -3% -13% -10%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$902 $1,119,808 $1,152,500 47%
$822 $1,047,518 $977,500 48%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
108
101
100
99
95
105
99
89
86
83
61
54
66
65 65
51
48
39
42
31
43
35
34
33
27
17
$1.15M
$1.03M $1.06M
$1.05M
$1.04M
$1.04M
$1000K
$975K
$978K
$955K
$950K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30
3
100%
100%+
4+bdrms
12
25
78%
20
28
3bdrms
53
15
43%
10
30%
10
25%
2bdrms
24
5
0
1
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
1 1 100%
3 4 133%
30 9 30%
28 12 43%
18 14 78%
8 2 25%
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 42 ●
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