TOWNHOME - NOVEMBER 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
65 % UP
9 % UP
1.3 % DOWN
37 % DOWN
SELLER’S 63 %
The 60 townhome listings in Vancouver East in November were down 33% month-over-month and 37% lower year-over-year. The 38 townhome sales in November were 9 above last month and 15 higher vs last year. The sales-to-listings ratio for townhomes jumped to 63%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in November was $861,200, 1.0% above October but 1.3% lower year-over-year. November’s average sold price of $925,360 was 4% above last month, while the average PSF sales price was $689 (down 3% 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
60 38
90 29
-33% 31% 97%
95 23
-37% 65% 162% -1.3%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
63%
32%
24%
$861,200 $852,800 $925,360 $891,628
1.0% $872,400 4% $847,222
9% 4%
$689
$712
-3%
$665
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$872,400 $840,600 $861,800 $873,700 $847,400 $843,400 $861,200
108
101
97
95
94
83
60 38
40
24
24
23
20
8
VANCOUVER EAST 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
4
23
3 bdrms
37
12
<3 bdrms
. . . . 0 0 0 0 QD QD QD
20
S-L RATIO SALES INVENTORY
Copyright © 2019 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 December 4, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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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