vancouverregion TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 69% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,358townhomelistingsintheVancouver RegioninSeptember,6%belowAugustand54%lower thanSeptember2020. Septembertownhomesalesdecreasedby8% month-over-month,to943,andwere21%below September2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at69%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $839,000,a6%increasefromAugustand28%above September2020. Theaveragesoldpricewas$931,563,7%abovelast month;theaveragePSFsalepricewas$617,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 25% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 28% VS2020
▼ 54% VS2020
▼ 21% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
69% 943 1,358
1,196 2,956
25% 25% 28% 72% -21% -54%
1,021 1,441
-2% -8% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$493 $744,714 $655,500 40%
$589 $874,481 $790,000 71%
$617 $931,563 $839,000
5% 7% 6%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,956
2,619
2,262
2,026 2,039
1,980
1,747
1,727
1,643
1,608
1,487
1,441
1,414
1,682
1,291
1,588
1,358
1,405
1,021
1,196
1,204
943
1,071
1,013
998
836
$839K
$788K
$790K
$780K
$785K
$776K
$782K
$720K
$688K
$675K
$671K
$665K
$656K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
400
192
4+bdrms
91%
239
84% 81%
300
533
62%
3bdrms
200
739
42%
29% 28%
28%
199
100
2bdrms
359
0
21 19
<$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
25 7 28%
113 70 62%
389 327 84%
345 279 81%
163 148 91%
140 59 42%
112 33 29%
71 20 28%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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