vancouverregion TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 75% SELLERS'MARKET
▶ MARKETSUMMARY Therewere766townhomelistingsintheVancouver RegioninJanuary,30%aboveDecemberand52%lower thanJanuary2021. Januarytownhomesalesdecreasedby26% month-over-month,to576,andwere30%belowJanuary 2021. Thesales-to-listingratiofortownhomesintheVancouver Region,at75%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$988,500,a 10%changefromDecemberand44%aboveJanuary 2021. Theaveragesoldpricewas$1,034,422,8%abovelast month;theaveragePSFsalepricewas$696,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 40% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 38% VS2021
▲ 44% VS2021
▼ 52% VS2021
▼ 30% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 783 587
%Change
TOTALLISTINGS TOTALSALES
75% 576 766
52% 826 1,583
40% 38% 44% 44% -30% -52%
6% 8% 10% -44% -26% 30%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$656 $958,294 $900,000 133%
$696 $1,034,422 $988,500
$497 $750,860 $684,499
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,960
1,969
1,670
1,674
1,663
1,910
1,591
1,583
1,430
1,400
1,306
1,193
1,390
1,377
1,076
973
942
783
1,013
1,002
987
926
576 766
826
587
$989K
$900K
$880K
$845K
$833K
$785K
$790K
$780K
$781K
$775K
$781K
$720K
$684K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
250
136
100%+
4+bdrms
142
200
81%
79%
74%
305
150
3bdrms
406
51%
100
36%
129
26%
2bdrms
50
16%
206
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
19 5 26%
27 22 81%
139 71 51%
254 201 79%
105 174 166%
86 64 74%
85 31 36%
51 8 16%
12
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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