townhome
V A N C O U V E R E A S T - F E B R U A R Y 2 0 1 9
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
10 % DOWN
31 % DOWN
17 % DOWN
15 % UP
SELLER’S 21 %
The 85 townhome listings in Vancouver East in February were up 5% from January and were 15% higher year-over-year. The 18 townhome sales in February were 10 above last month but 8 lower year-over-year. The sales-to-listings ratio for townhomes jumped to 21%, as conditions in Vancouver East’s townhome market favoured seller’s. The townhome benchmark price in February was $823,800, 3% below January and 5% lower year-over-year. February’s average sold price of $973,767 was 25% above last month, while the average PSF sales price was $707 (up 17% vs last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
85 18
81
5%
74 26
15% -31% -40%
TOTAL SALES
8
125% 114%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
21%
10%
35%
$823,800 $848,200 $973,767 $777,611
-3% $868,900
-5%
25% $1,076,381 -10%
$707
$605
17%
$853
-17%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$933,500 $923,400 $894,200
$868,900
$833,200 $850,000 $823,800
111
105
93
89
85
74
75
18
35
28
26
24
19
15
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
2
4+ bdrms
10
SELLER'S MARKET
BALANCED
12
BUYER'S MARKET
3 bdrms
50
4
<3 bdrms
. . . . 0 0 0 0 QD QD QD
25
S-L RATIO SALES INVENTORY
CurrentasofMarch5,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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