greatervancouverboardarea TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 64% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 28% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 30% VS2021
▲ 40% VS2021
▼ 50% VS2021
▼ 21% VS2021
Therewere446townhomelistingsintheGreater VancouverboardareainJanuary,15%aboveDecember and50%lowerthanJanuary2021. Januarytownhomesalesdecreasedby22% month-over-month,to285,andwere21%belowJanuary 2021. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at64%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$1,099,900, a13%changefromDecemberand40%aboveJanuary 2021. Theaveragesoldpricewas$1,142,186,7%abovelast month;theaveragePSFsalepricewas$789,up5%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 40% 362 896
%Change
No. 95% 366 387
%Change
TOTALLISTINGS TOTALSALES
64% 285 446
29% 30% 40% 58% -21% -50%
5% 7% 13% -32% -22% 15%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$789 $1,142,186 $1,099,900
$752 $1,062,858 $970,900
$614 $878,136 $785,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,029
1,123 1,123
1,088
882
830
896
964
792
899
825
667
623
597
692
500
493
601
387
446
508
502
477
366
362
285
$1.10M
$995K
$971K
$960K
$945K
$900K
$905K
$900K
$899K
$890K
$893K
$899K
$785K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
58
100%+
100%+
4+bdrms
80
65
76%
75%
60
150
3bdrms
244
40
42%
37%
27%
71
2bdrms
20
16%
127
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
11 3 27%
9 13 144%
53 22 42%
92 69 75%
72 82 114%
76 58 76%
82 30 37%
51 8 16%
10
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
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