vancouverregion TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 95% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,011townhomelistingsintheVancouver RegioninNovember,10%belowOctoberand55%lower thanNovember2020. Novembertownhomesalesdecreasedby5% month-over-month,to960,andwere10%below November2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at95%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas$885,000, a4%increasefromOctoberand33%aboveNovember 2020. Theaveragesoldpricewas$981,469,7%abovelast month;theaveragePSFsalepricewas$656,up7%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 33% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 32% VS2020
▲ 33% VS2020
▼ 55% VS2020
▼ 10% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
95% 960 1,011
1,071 2,262
101% -10% -55%
1,011 1,126
7% 7% 4% 6% -5% -10%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$494 $742,827 $665,000 47%
$615 $915,923 $849,900 90%
$656 $981,469 $885,000
33% 32% 33%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,262
2,039
2,026
1,980
1,747
1,727
1,643
1,608
1,487
1,414
1,682
1,357
1,588
1,441
1,405
1,126
1,013
1,071
1,204
1,01
1,020
1,01
998
960
943
836
$885K
$850K
$839K
$788K
$790K
$780K
$785K
$782K
$776K
$720K
$688K
$665K
$671K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
350
177 178
100%+
100%+ 100%+
95%
4+bdrms
300
75%
250
551
200
3bdrms
563
46%
150
40%
27%
218
100
2bdrms
248
50
0
13
<$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
13 6 46%
57 64 112%
246 234 95%
267 352 132%
130 150 115%
125 94 75%
102 41 40%
71 19 27%
23
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online