vancouverwest TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 30% SELLERS'MARKET
▶ MARKETSUMMARY Therewere178townhomelistingsinVancouverWestin November,1.1%aboveOctoberand19%lowerthan November2020. Novembertownhomesalesdecreasedby1.9% month-over-month,to53,andwere15%above November2020. Thesales-to-listingratiofortownhomesinVancouver West,at30%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas $1,594,000,a13%increasefromOctoberand34%above November2020. Theaveragesoldpricewas$1,711,051,12%abovelast month;theaveragePSFsalepricewas$1,148,up4%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 26% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 39% VS2020
▲ 34% VS2020
▼ 19% VS2020
▲ 15% VS2020
THISMONTH No. $1,148 $1,711,051 $1,594,000 30% 53 178
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$909 $1,230,080 $1,194,000 21% 46 219
26% 39% 34% 42% 15% -19%
$1,099 $1,524,524 $1,406,500 31% 54 176
4% 12% 13% -3% -1.9% 1.1%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
219
231
227
227
222
222
187
176
178
185
180
180
171
97
96
90
73
53
46
60
57
57
54
46
34 34
$1.59M
$1.51M
$1.49M
$1.45M
$1.45M
$1.41M
$1.38M
$1.32M
$1.32M
$1.31M
$1.28M
$1.24M
$1.19M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
70
4
100%+
60
4+bdrms
13
50
27
40
3bdrms
88
30
34%
31%
31%
20
20
2bdrms
17%
68
10
0
2
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
5 0 n/a
13 4 31%
8 9 113%
32 11 34%
65 20 31%
54 9 17%
9
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 45 ●
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