TOWNHOME JANUARY fraser valley board area
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
6 % UP
23 % DOWN
0.5 % UP
0.8 % DOWN
28 % UP
SELLER’S 29 %
The number of townhome listings in the Fraser Valley board area increased to 831 in January, 0.5% above last month but 23% lower than last year. At 241, townhome sales were down 16% vs December but 28% above last year. The sales-to-listings ratio, at 29%, remained favour- able to sellers. The benchmark price in January was $518,000, 0.6% above last month but 0.8% lower vs last year. The average sold price was 1.9% higher between December and January, at $578,827, while the aver- age PSF sales price was 1.1% higher (at $374).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 827 286 35%
% Change
No.
% Change
TOTAL LISTINGS
831 241 29%
0.5% -16% -16%
1,083
-23% 28% 66% -0.8%
TOTAL SALES
189 17%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$518,000 $514,900 $578,827 $568,004
0.6% $522,100 1.9% $547,619
6%
$374
$370
1.1%
$372
0.5%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$522,100 $517,300 $522,500 $520,700 $520,000 $514,700 $518,000
1,575
1,529
1,481
1,272
1,176
1,083
831
406
382
352
318
300
241
189
FVREB
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
42
4+ bdrms
BUYER'S MARKET
180
139
3 bdrms
446
60
<3 bdrms
. . . . 0 0 0 0 QD
205
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 February 5, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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