vancouverwest TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 26% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 1.8% VS2020
▲ 4% VS2020
▲ 11% VS2020
▲ 76% VS2020
Therewere228townhomelistingsinVancouverWestin June,0.4%aboveMayand11%higherthanJune2020. Junetownhomesalesdecreasedby38% month-over-month,to60,andwere76%aboveJune 2020. Thesales-to-listingratiofortownhomesinVancouver West,at26%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$1,315,500,a 9%decreasefromMayand4%aboveJune2020. Theaveragesoldpricewas$1,386,801,5%belowlast month;theaveragePSFsalepricewas$1,042,down4% tolastmonth.
THISMONTH No. $1,042 $1,386,801 $1,315,500 26% 60 228
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$973 $1,361,923 $1,268,000 17% 34 206
7% 1.8% 4% 59% 76% 11%
$1,091 $1,453,257 $1,449,450 42% 96 227
-38% -38% 0.4%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-4% -5% -9%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
243
255
231
222
222
219
228
232
227
206
187
185
180
97 96
90
55
50
48
46
60
57
34
43
34 34
$1.51M
$1.45M
$1.45M
$1.38M
$1.34M
$1.32M
$1.32M
$1.30M
$1.27M
$1.24M
$1.22M
$1.20M
$1.19M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
4
70
4+bdrms
20
60
50
13
63%
3bdrms
40
99
48%
43%
30
33%
42
25%
20
2bdrms
94
10
6%
0
1
<$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
1 0 n/a
8 5 63%
21 9 43%
25 12 48%
33 11 33%
76 19 25%
6%
15
64 4
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 42 ●
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