greatervancouverboardarea TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 54% SELLER'SMARKET
▶ MARKETSUMMARY Therewere1,186townhomelistingsintheGreater VancouverboardareainJune,-0.1%belowMayand24% lowerthanJune2020. Junetownhomesalesdecreasedby10% month-over-month,to635,andwere54%aboveJune 2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at54%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$909,000,a 1.0%increasefromMayand15%aboveJune2020. Theaveragesoldpricewas$984,845,0.2%abovelast month;theaveragePSFsalepricewas$694,up0.9%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 17% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 17% VS2020
▲ 15% VS2020
▼ 24% VS2020
▲ 54% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
54% 635 1,186
26% 412 1,562
17% 17% 15% 103% 54% -24%
59% 706 1,187
0.9% 0.2% 1% -10% -10% -0.1%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$694 $984,845 $909,000
$688 $983,000 $900,000
$595 $841,702 $790,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,562
1,658 1,645
1,612
1,258
1,440
1,187
1,150
1,083
1,186
954
847
954
927
901
678
636
539
635
506
706
616
542
536
412
372
$910K
$909K
$900K
$901K
$900K
$815K
$816K
$790K
$789K
$790K
$791K
$785K
$780K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
97
100%+
4+bdrms
250
173
200
67% 66%
64%
342
3bdrms
56%
150
616
49%
100
185
26%
2bdrms
357
50
13%
0
11
<$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
3 4 133%
80 51 64%
275 154 56%
287 192 67%
185 123 66%
136 66 49%
129 33 26%
91 12 13%
40
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online