greatervancouverboardarea TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 70% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 21% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2020
▲ 17% VS2020
▼ 50% VS2020
▼ 26% VS2020
Therewere717townhomelistingsintheGreater VancouverboardareainOctober,15%belowSeptember and50%lowerthanOctober2020. Octobertownhomesalesincreasedby1.6% month-over-month,to502,andwere26%belowOctober 2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at70%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$949,900,a 2%decreasefromSeptemberand17%aboveOctober 2020. Theaveragesoldpricewas$1,040,224,3%belowlast month;theaveragePSFsalepricewas$732,up0.1%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 59% 494 843
%Change
TOTALLISTINGS TOTALSALES
70% 502 717
47% 678 1,440
21% 18% 17% 49% -26% -50%
0.1% -3% -2% 19% 1.6% -15%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$732 $1,040,224 $949,900
$732 $1,072,365 $970,000
$607 $879,497 $815,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,440
1,260
1,193
1,193
1,154
1,086
956
901
1,037
847
843
956
929
889
634
717
678
706
506
616
502
536
519 507
494
372
$970K
$950K
$910K
$900K
$901K
$900K
$909K
$900K
$900K
$815K
$816K
$790K
$791K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
61
100%+
150
94%
4+bdrms
94
83%
100
302
60% 59%
3bdrms
391
50%
50
28% 25%
132
2bdrms
212
0
7
<$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
5 3 60%
32 19 59%
104 121 116%
160 150 94%
123 102 83%
119 60 50%
106 30 28%
68 17 25%
20
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