TOWNHOME APRI L vancouver region
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
0.8 % UP
43 % DOWN
0.8 % UP
36 % DOWN
BALANCED 18 %
The number of townhome listings in the Vancouver Region decreased 6% from last month, settling at 2,171, and were 36% below April 2019. Townhome sales, at 393, were 50% lower vs last month and 43% below April 2019. The sales-to-listings ratio fell to 18% in April, as the Vancouver Region’s townhome segment transitioned to a balanced market. The benchmark price in April was 0.6% above March, at $687,200, and was 2% higher year-over-year. The average sold price was $701,017 in April, (decreasing 4% vs March) while the average PSF sales price was $469 (decreasing 3%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
2,171
2,305
-6%
3,374
-36% -43% -12% 0.8% 0.8% 2%
TOTAL SALES
393 18%
793 34%
-50% -47%
694 21%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$687,200 $683,100 $701,017 $732,447
0.6% $672,800 -4% $695,415
$469
$484
-3%
$465
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$672,800 $669,400 $666,000 $668,900 $670,500 $677,500 $687,200
3,717
3,515
3,374
3,150
2,289
2,171
1,974
860
694
678
667
665
579
393
VANCOUVR REGION REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
90
4+ bdrms
BUYER'S MARKET
421
197
3 bdrms
1,147
106
<3 bdrms
. . . . 0 0 0 0
603
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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