TOWNHOME APRI L vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
12 % DOWN
BALANCED 13 %
38 % DOWN
25 % DOWN
At 180, the number of townhome listings in Vancouver West were 11% lower in April than in March and 38% below April 2019. Townhome sales, at 24, were down by 25 vs March and 8 below last April. The sales-to-listings ratio decreased to 13% in April as Vancouver West’s townhome market transitioned to balanced market territory. The benchmark price in April was $1.13M, relative- ly unchanged from last month and 2% higher than last year. The average sold price was $1.11M, while the aver- age PSF sales price was $878 (decreasing 16% and 11%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 202
% Change
No. 292
% Change
TOTAL LISTINGS
180
-11% -51% -45%
-38% -25% 22% -16% -12% 2%
TOTAL SALES
24
49
32
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
24%
11%
$1,131,800 $1,133,500 $1,110,963 $1,320,915
-0.1% $1,107,400 -16% $1,323,079
$878
$991
-11%
$997
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.14
$1.13
$1.13
$1.13
$1.12
$1.11
$1.11
306
292
257
257
212
186
180
51
36
34
33
32
30
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4+ bdrms
BUYER'S MARKET
18
11
3 bdrms
72
13
<3 bdrms
. . . . 0 0 0 0 QD
90
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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