vancouverregion TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 90% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,126townhomelistingsintheVancouver RegioninOctober,17%belowSeptemberand57%lower thanOctober2020. Octobertownhomesalesincreasedby7% month-over-month,to1,011,andwere22%below October2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at90%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$849,900,a 1.3%increasefromSeptemberand26%aboveOctober 2020. Theaveragesoldpricewas$915,923,1.7%belowlast month;theaveragePSFsalepricewas$615,down0.3% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 23% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2020
▲ 26% VS2020
▼ 56% VS2020
▼ 22% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,011 1,126
1,291 2,619
23% 21% 26% 82% -22% -57%
69% 943 1,357
-0.3% -1.7% 1.3% 29% 7% -17%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$615 $915,923 $849,900 90%
$501 $755,816 $675,000 49%
$617 $931,563 $839,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,619
2,262
2,039
2,026
1,980
1,747
1,727
1,643
1,608
1,487
1,441
1,414
1,357
1,682
1,588 1,013
1,291
1,405
1,021
1,126
1,204
1,071
1,01
998
943
836
$850K
$839K
$788K
$790K
$780K
$785K
$776K
$782K
$720K
$688K
$675K
$665K
$671K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
350
192 189
100%
100%+ 100%+
300
4+bdrms
84%
250
75%
545
200
3bdrms
55%
608
150
28% 25%
100
267
2bdrms
301
50
0
10
<$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
17 17 100%
83 62 75%
262 340 130%
298 338 113%
161 136 84%
127 70 55%
110 31 28%
68 17 25%
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. 6 ●
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