TOWNHOME - NOVEMBER 2019 vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 13 %
1.2 % UP
1.0 % DOWN
3 % UP
16 % UP
At 226, the number of townhome listings in Vancouver West were 10% lower in November than in October but 3% above November 2018. Townhome sales, at 29, were down by 22 vs October but 4 above last November. The sales-to-listings ratio decreased to 13% in November as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in November was $1.13M, 1.8% above last month but 3% lower than last year. The average sold price was $1.19M, while the aver- age PSF sales price was $916 (down 21% and 7%, respectively, from last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 251
% Change
No. 220
% Change
TOTAL LISTINGS
226
-10% -43% -37%
3%
TOTAL SALES
29
51
25
16% 13% -3% 1.2% -1.0%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
20%
11%
$1,133,900 $1,113,400 $1,187,935 $1,499,709
1.8% $1,170,700 -21% $1,174,400
$916
$989
-7%
$925
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.17
$1.13
$1.12
$1.12
$1.11
$1.11
$1.10
304
281
264
235
220
226
179
48
48
29
28
27
25
14
VANCOUVER WEST 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 SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
1
4+ bdrms
29
8
3 bdrms
105
20
<3 bdrms
92
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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