vancouverwest TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 27% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 21% VS2021
▲ 18% VS2021
▼ 10% VS2021
▼ 45% VS2021
Therewere170townhomelistingsinVancouverWestin April,17%aboveMarchand10%lowerthanApril2021. Apriltownhomesalesdecreasedby15% month-over-month,to46,andwere45%belowApril 2021. Thesales-to-listingratiofortownhomesinVancouver West,at27%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$1,633,950,a 5%increasefromMarchand18%aboveApril2021. Theaveragesoldpricewas$1,622,350,4%abovelast month;theaveragePSFsalepricewas$1,168,up1.6%to lastmonth.
THISMONTH No. $1,168 $1,622,350 $1,633,950 27% 46 170
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,035 $1,339,277 $1,385,000 45% 84 188
13% 21% 18% -39% -45% -10%
$1,149 $1,555,470 $1,561,500 37% 54 145
1.6% 4% 5% -27% -15% 17%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
188
174
182 183
170
150
137
145
142
141
139
19
13
86
84
69
54
49
49
44
46
54
48
41
35 39
$1.72M
$1.63M
$1.61M
$1.56M
$1.52M
$1.49M
$1.48M
$1.45M
$1.44M
$1.41M
$1.39M
$1.29M
$1.30M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
70
5
100%
60
4+bdrms
15
83%
50
19
40
3bdrms
88
30
36%
30%
20
27%
20
2bdrms
14%
59
10
0
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
2 0 n/a
2 2 100%
10 3 30%
6 5 83%
28 10 36%
66 18 27%
56 8 14%
8
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 46 ●
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