TOWNHOME JANUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
37 % UP
23 % UP
7 % UP
57 % DOWN
100 % UP
SELLER’S 44 %
The 36 townhome listings in Vancouver East in January were down 10% month-over-month and 57% lower year-over-year. The 16 townhome sales in January were 1 below last month but 8 higher vs last year. The sales-to-listings ratio for townhomes slightly increased to 44%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in January was $903,600, 3% above December and 7% higher year-over-year. January’s average sold price of $1.06M was 24% above last month, while the average PSF sales price was $745 (down 1.6% vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
36 16
40 17
-10%
83
-57% 100% 361%
TOTAL SALES
-6%
8
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
44%
43%
5%
10%
$903,600 $880,800 $1,064,703 $857,118
3% $840,600 24% $777,611 -1.6% $605
7%
37% 23%
$745
$757
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$840,600 $861,800 $873,700 $847,400 $843,400 $861,200 $903,600
108
101
97
94
83
72
40
38
36 16
24
24
20
8
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 QD QD QD SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
4
4+ bdrms
3
9
3 bdrms
22
3
<3 bdrms
11
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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