greatervancouverboardarea TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 82% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 27% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 30% VS2020
▲ 27% VS2020
▼ 50% VS2020
▼ 3% VS2020
Therewere634townhomelistingsintheGreater VancouverboardareainNovember,12%belowOctober and50%lowerthanNovember2020.
Novembertownhomesalesincreasedby4% month-over-month,to520,andwere3%below November2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 70% 502 717
%Change
Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at82%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas$999,900, a5%increasefromOctoberand27%aboveNovember 2020. Theaveragesoldpricewas$1,114,927,7%abovelast month;theaveragePSFsalepricewas$758,up4%to lastmonth.
TOTALLISTINGS TOTALSALES
82% 520 634
43% 536 1,260
27% 30% 27% 93% -3% -50%
4% 7% 5% 17% 4% -12%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$758 $1,114,927 $999,900
$732 $1,040,224 $949,900
$597 $857,705 $790,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,193
1,193
1,260
1,154
1,086
956
901
1,037
847
843
956
929
889
634
717
634 520
706
506
536
616
519 507
494 502
372
$1000K
$970K
$950K
$901K
$910K
$909K
$900K
$900K
$900K
$900K
$816K
$790K
$791K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
140
76
100%+
100%+ 100%+
97%
4+bdrms
99
120
73%
100
320
3bdrms
80
335
60
39%
118
25%
40
2bdrms
182
20
0
6
<$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
6 0 n/a
22 26 118%
95 92 97%
124 145 117%
96 112 117%
121 88 73%
99 39 39%
71 18 25%
18
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