pre-sale pricing snapshot
highlights •
The data presented below are price per square foot (PPSF) averages for concrete pre-sale homes, based on the date of each project’s first home sale. • Concrete pre-sale projects in Greater Vancouver that have launched in 2020 (through April) have sold at an average PPSF of $1,186, 20% above the 2019 year-end average of $993. That being said, if the project 1818 Alberni (at $2,700 PSF) is excluded from the 2020 average, it falls to $783 (21% below the 2019 year-end average).
AS OF MAY CONCRETE
& YTD CONCRETE PRESALES
squamish
squamish
2019 & 2020 ytd concrete pre-sales
< $499 $500 - $999
2019
$1,000 - $1,499 $1,500 - $1,999 $2,000 + RAPID TRANSIT LINES (EXISTING & FUTURE) MUNICIPAL BOUNDARIES 2020 YTD
CONCRETE PRICE PER SQUARE FOOT BY SALES START YEAR
CURRENT AS OF MAY 2020 2013
$652 $678 $761 $957
$580 $600
$474 $468 $501
$895 $560 $850 $697
$556
2014 2015 2016 2017 2018 2019
$500 $593 $601 $798 $916 $885 $866
$1,284 $567 $801
$677 $1,292 $580 $469
$662 $521 $776 $691
$1,219 $633 $899 $753 $1,946 $737
$1,420 $741
$1,232 $1,078 $1,767 $681
$1,230 $1,154
$1,016
$870
$2,308 $1,081 $1,358
$936
$1,082 $973 $853
$3,071 $1,027 $1,944 $1,123 $1,574 $1,095
$993
$876
$819
$571
$900 $1,688 $1,050
$1,092
2020 YTD
$1,186
$1,050
$2,700
$1,745
$930
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 April 30, 2020. All data from NHS Live Urban Analytics & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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