vancouvereast TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 48% SELLERS'MARKET
▶ MARKETSUMMARY Therewere100townhomelistingsinVancouverEastin September,16%aboveAugustand14%lowerthan September2020. Septembertownhomesalesincreasedby78% month-over-month,to48,andwere26%above September2020. Thesales-to-listingratiofortownhomesinVancouver East,at48%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $977,500,a6%decreasefromAugustand3%above September2020. Theaveragesoldpricewas$1,047,518,1.1%belowlast month;theaveragePSFsalepricewas$822,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 10% VS2020
▲ 3% VS2020
▼ 14% VS2020
▲ 26% VS2020
THISMONTH No. $822 $1,047,518 $977,500 48% 48 100
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$765 $949,523 $944,950 33% 38 116
7% 10% 3% 47% 26% -14%
27 86
53% 78% 16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$780 $1,059,389 $1,037,500 31%
5% -1.1% -6%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
16
108
105
101
100
95
100
99
86
83
61
54
66
51
65 65
48
33 31
38
43
39
35
34
27
17
$1.03M $1.06M
$1.05M
$1.04M
$1.04M
$1000K
$975K
$978K
$955K
$945K
$950K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30
3
4+bdrms
15
25
82%
20
33
3bdrms
52%
63
15
48%
37% 36%
10
10
2bdrms
20
5
0
2 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
3 0 n/a
11 9 82%
31 16 52%
25 12 48%
19 7 37%
11 4 36%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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