greatervancouverboardarea TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 55% SELLERS'MARKET
▶ MARKETSUMMARY Therewere921townhomelistingsintheGreater VancouverboardareainApril,22%aboveMarchand 15%lowerthanApril2021. Apriltownhomesalesdecreasedby20% month-over-month,to503,andwere39%belowApril 2021. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at55%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$1,100,000,a 4%decreasefromMarchand22%aboveApril2021. Theaveragesoldpricewas$1,139,503,3%belowlast month;theaveragePSFsalepricewas$812,down0.6% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 20% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 18% VS2021
▲ 22% VS2021
▼ 15% VS2021
▼ 39% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 83% 629 755
%Change
TOTALLISTINGS TOTALSALES
55% 503 921
76% 830 1,088
20% 18% 22% -28% -39% -15%
-0.6% -3% -4% -34% -20% 22%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$812 $1,139,503 $1,100,000
$817 $1,176,492 $1,149,000
$677 $967,581 $905,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,088
1,123 1,123
921
964
792
830
825
623
755
597
599
692
667
500
629
503
387
508
502
493
477
467
446
365
284
$1.15M $1.10M
$1.10M
$1.10M
$995K
$969K
$960K
$945K
$905K
$900K
$899K
$899K
$893K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
200
4+bdrms
152
73%
150
66%
297
62%
57% 55%
3bdrms
55%
529
100
41%
112
2bdrms
50
212
14%
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
7 4 57%
22 12 55%
95 69 73%
221 121 55%
173 114 66%
188 117 62%
134 55 41%
81 11 14%
28
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 9 ●
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