TOWNHOME JANUARY vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 13 %
14 % UP
0.4 % UP
6 % UP
71 % UP
At 190, the number of townhome listings in Vancouver West were 3% higher in January than in December and 6% above January 2019. Townhome sales, at 24, were down by 6 vs December but 10 above last January. The sales-to-listings ratio decreased to 13% in January as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in January was $1.15M, 1.0% above last month and 2% higher than last year. The average sold price was $1.54M, while the average PSF sales price was $953 (up 15% and 0.5%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 185
% Change
No. 179
% Change
TOTAL LISTINGS
190
3%
6%
TOTAL SALES
24
30
-20% -22%
14 8%
71% 62%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
16%
$1,147,200 $1,135,600 $1,535,076 $1,329,437
1.0% $1,121,100 15% $1,344,471
2%
14% 0.4%
$953
$948
0.5%
$949
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.15
$1.13
$1.12
$1.12
$1.11
$1.11
$1.10
304
281
264
248
234
190
179
48
48
29
28
27
24
14
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
4+ bdrms
BUYER'S MARKET
15
13
3 bdrms
84
8
<3 bdrms
. . . . 0 0 0 0 QD QD QD
91
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
39
Made with FlippingBook - professional solution for displaying marketing and sales documents online