TOWNHOME APRI L vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
54 % DOWN
6 % UP
12 % UP
38 % DOWN
BALANCED 19 %
The 62 townhome listings in Vancouver East in April were up 5% month-over-month but 38% lower year-over-year. The 12 townhome sales in April were 10 below last month and 14 lower vs last year. The sales-to-listings ratio for townhomes decreased to 19%, as conditions in Vancouver East’s townhome market became balanced. The townhome benchmark price in April was $909,300, up 1.8% fromMarch and 5% higher year-over-year. April’s average sold price was $986,667 at an aver- age PSF sales price of $810 (down 3% and up 5%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 100
% Change
TOTAL LISTINGS
62 12
59 22
5%
-38% -54% -26%
TOTAL SALES
-45% -48%
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SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
19%
37%
26%
$909,300 $893,300 $986,667 $1,016,527
1.8% $868,400 -3% $933,019
5% 6%
$810
$771
5%
$724
12%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$868,400 $861,500 $838,100 $852,800 $880,800 $903,900 $909,300
102
100
95
88
62
53
42
32
29
26
24
19
17
12
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
2
4+ bdrms
BALANCED
3
BUYER'S MARKET
3
3 bdrms
38
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
21
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of May 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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