vancouverregion TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 61% SELLER'SMARKET
▶ MARKETSUMMARY Therewere1,971townhomelistingsintheVancouver RegioninJune,3%belowMayand28%lowerthanJune 2020. Junetownhomesalesdecreasedby15% month-over-month,to1,206,andwere40%aboveJune 2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at61%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$787,500,a 1.5%increasefromMayand25%aboveJune2020. Theaveragesoldpricewas$866,130,1.4%abovelast month;theaveragePSFsalepricewas$586,up1.6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 22% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2020
▲ 25% VS2020
▼ 28% VS2020
▲ 40% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,206 1,971
31% 863 2,788
22% 21% 25% 98% 40% -29%
1,414 2,033
1.6% 1.4% 1.5% -12% -15% -3%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$586 $866,130 $787,500 61%
$577 $853,897 $776,000 70%
$481 $713,360 $632,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,619
2,788
2,956
2,925
2,862
2,260
2,033
2,022
1,971
1,724
1,682
1,641
1,608
1,485
1,414
1,291
1,586
1,196
1,099
1,407
1,206
1,071
863
1,060
1,013
836
$785K
$788K
$780K
$776K
$720K
$688K
$675K
$665K
$671K
$660K
$656K
$646K
$633K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
700
240
600
4+bdrms
374
500
72%
68% 70%
650
62%
400
3bdrms
1,045
48%
300
200
302
26%
25%
2bdrms
507
14%
100
0
14
<$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
31 8 26%
225 139 62%
669 481 72%
471 319 68%
208 145 70%
142 68 48%
133 33 25%
92 13 14%
45
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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