vancouverregion TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 45% SELLERS'MARKET
▶ MARKETSUMMARY Therewere2,005townhomelistingsintheVancouver RegioninApril,19%aboveMarchand2%higherthan April2021. Apriltownhomesalesdecreasedby29% month-over-month,to896,andwere44%belowApril 2021. Thesales-to-listingratiofortownhomesintheVancouver Region,at45%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$982,944,a 1.7%decreasefromMarchand26%aboveApril2021. Theaveragesoldpricewas$1,049,361,2%belowlast month;theaveragePSFsalepricewas$712,down0.4% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 23% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 22% VS2021
▲ 26% VS2021
▲ 2% VS2021
▼ 44% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
45% 896 2,005
1,591 1,960
23% 22% 26% -45% -44% 2%
1,254 1,680
-0.4% -2% -1.7% -40% -29% 19%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$578 $858,134 $781,000 81%
$715 $1,072,640 $1,000,000 75%
$712 $1,049,361 $982,944
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,910
2,005
1,960
1,969
1,674
1,680
1,591
1,400
1,306
1,254
1,227
1,377
1,076
973
1,193
782
1,013
766
1,002
987
942
925
915
896
587
574
$1000K $1.02M
$990K
$983K
$900K
$880K
$845K
$834K
$790K
$781K
$785K
$781K
$775K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
700
162
4+bdrms
600
452
500
500
400
3bdrms
54%
52% 53%
1,094
43%
42% 42%
300
33%
217
200
2bdrms
428
14%
100
0
31 17
<$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
21 7 33%
59 32 54%
331 140 42%
716 300 42%
391 205 52%
261 138 53%
145 63 43%
81 11 14%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 6 ●
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