greatervancouverboardarea TOWNHOME-MARCH 202
SALESTO LISTINGSRATIO 83% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 22% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2021
▲ 27% VS2021
▼ 27% VS2021
▼ 28% VS2021
Therewere756townhomelistingsintheGreater VancouverboardareainMarch,26%aboveFebruaryand 27%lowerthanMarch2021. Marchtownhomesalesincreasedby35% month-over-month,to630,andwere29%belowMarch 2021. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at83%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$1,144,500,a 4%increasefromFebruaryand27%aboveMarch2021. Theaveragesoldpricewas$1,176,371,1.7%belowlast month;theaveragePSFsalepricewas$817,down3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 78% 467 600
%Change
TOTALLISTINGS TOTALSALES
83% 630 756
86% 882 1,029
22% 22% 27% -3% -29% -27%
35% 26%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
4% 7%
$817 $1,176,371 $1,144,500
$841 $1,196,262 $1,102,000
$667 $962,654 $900,000
-3% -1.7%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,123 1,123
1,029
1,088
830
964
882
792
756 630
825
623
597
600
692
667
500
387
508
502
493
477
467
446
365
284
$1.14M $1.10M
$1.10M
$995K
$969K
$960K
$945K
$900K
$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
101
100%
100%+
4+bdrms
150
92%
89%
133
68%
66%
359
100
3bdrms
427
33%
50
151
23%
2bdrms
172
0
19
<$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
9 3 33%
22 22 100%
80 54 68%
171 153 89%
131 163 124%
156 143 92%
116 76 66%
71 16 23%
24
Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
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