vancouvereast TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 71% SELLERS'MARKET
▶ MARKETSUMMARY Therewere34townhomelistingsinVancouverEastin January,33%belowDecemberand48%lowerthan January2021. Januarytownhomesalesdecreasedby37% month-over-month,to24,andwere41%aboveJanuary 2021. Thesales-to-listingratiofortownhomesinVancouver East,at71%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$1,084,000, a8%changefromDecemberand43%aboveJanuary 2021. Theaveragesoldpricewas$1,109,488,8%abovelast month;theaveragePSFsalepricewas$885,up4%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 27% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 37% VS2021
▲ 43% VS2021
▼ 48% VS2021
▲ 41% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
24 34
17 65
27% 37% 43% 170% 41% -48%
38 51
-37% -33%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$885 $1,109,488 $1,084,000 71%
$699 $808,588 $760,000 26%
$853 $1,029,963 $1,000,700 75%
4% 8% 8% -5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
100
99
101 105
99
83
88
83 86
61
65
54
66
51
48
44
39
51
43
42
34 24
38
34
27
17
$1.15M
$1.08M
$1.07M
$1.03M $1.06M
$1.05M
$1.04M
$1.04M
$1.00M
$978K
$955K
$950K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
7
8
4+bdrms
3
78%
75%
6
11
3bdrms
23
50%
44%
4
4
2bdrms
2
8
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
0 4 n/a
9 7 78%
9 4 44%
8 6 75%
6 3 50%
2 0 n/a
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 42 ●
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