vancouverwest TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 31% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2020
▲ 9% VS2020
▼ 28% VS2020
▼ 1.8% VS2020
Therewere176townhomelistingsinVancouverWestin October,3%aboveSeptemberand28%lowerthan October2020. Octobertownhomesalesdecreasedby5% month-over-month,to54,andwere1.8%belowOctober 2020. Thesales-to-listingratiofortownhomesinVancouver West,at31%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$1,406,500, a8%increasefromSeptemberand9%aboveOctober 2020. Theaveragesoldpricewas$1,524,524,4%belowlast month;theaveragePSFsalepricewas$1,099,up1.6%to lastmonth.
THISMONTH No. $1,099 $1,524,524 $1,406,500 31% 54 176
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$925 $1,260,216 $1,295,000 23% 55 243
19% 21% 9% 36% -1.8% -28%
$1,081 $1,589,582 $1,308,000 33% 57 171
-8% -5% 3%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
1.6% -4% 8%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
231
243 219
227
222
222
227
187
176
185
180
180
171
97
96
90
73
46
55
54
60
57
57
46
34 34
$1.51M
$1.49M
$1.45M
$1.45M
$1.41M
$1.38M
$1.32M
$1.32M
$1.30M
$1.31M
$1.28M
$1.24M
$1.19M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
70
3
100% 100% 100%
4+bdrms
60
13
50
23
40
3bdrms
89
30
28%
20
26
22%
2bdrms
16%
64
10
0
2
<$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
0 1 n/a
2 2 100%
9 9 100%
10 10 100%
36 10 28%
68 11 16%
51 11 22%
10
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 45 ●
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