vancouvereast TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 50% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 6% VS2020
▲ 11% VS2020
▲ 20% VS2020
▲ 104% VS2020
Therewere101townhomelistingsinVancouverEastin June,2%aboveMayand20%higherthanJune2020. Junetownhomesalesincreasedby19% month-over-month,to51,andwere104%aboveJune 2020. Thesales-to-listingratiofortownhomesinVancouver East,at50%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$1,043,000,a 9%increasefromMayand11%aboveJune2020. Theaveragesoldpricewas$1,023,105,3%abovelast month;theaveragePSFsalepricewas$857,up2%to lastmonth.
THISMONTH No. $857 $1,023,105 $1,043,000 50% 51 101
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
25 84
11% 70% 104% 20%
43 99
16% 19% 2%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$799 $966,936 $937,500 30%
$839 $994,120 $955,000 43%
2% 3% 9%
7% 6%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
16
108
105
101
100
95
101
104
99
84
61
54
66
65 65
51
38
33
31
30
43
35
34
25
32
17
$1.06M
$1.05M
$1.05M
$1.04M
$1.03M
$1.01M
$1000K
$975K
$955K
$945K
$938K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
3
100%
4+bdrms
11
30
65%
28
3bdrms
20
59
50%
39%
18
10
2bdrms
17%
29
0
2 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
4 0 n/a
11 11 100%
36 14 39%
23 15 65%
20 10 50%
6 1 17%
1 0 n/a
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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