greatervancouverboardarea TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 59% SELLERS'MARKET
▶ MARKETSUMMARY Therewere844townhomelistingsintheGreater VancouverboardareainSeptember,5%belowAugust and49%lowerthanSeptember2020. Septembertownhomesalesdecreasedby3% month-over-month,to494,andwere22%below September2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at59%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $970,000,a8%increasefromAugustand24%above September2020. Theaveragesoldpricewas$1,072,365,6%abovelast month;theaveragePSFsalepricewas$732,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2020
▲ 24% VS2020
▼ 49% VS2020
▼ 22% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 57% 507 889
%Change
TOTALLISTINGS TOTALSALES
59% 494 844
39% 636 1,645
24% 24% 24% 51% -22% -49%
-3% -5%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
5% 6% 8% 3%
$732 $1,072,365 $970,000
$698 $1,011,939 $900,000
$590 $864,832 $779,900
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,645
1,260
1,440
1,193
1,193
1,154
1,086
956
901
847
1,037
956
844
506 929
678
889
634
636
706
616
494
536
519
507
372
$970K
$910K
$900K
$901K
$900K
$909K
$900K
$900K
$815K
$816K
$790K
$791K
$780K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
85
4+bdrms
90%
112
150
75%
66%
277
59%
3bdrms
100
486
50%
42%
30% 28%
116
50
2bdrms
229
0
17 16
<$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
4 2 50%
35 23 66%
180 106 59%
189 142 75%
127 114 90%
130 55 42%
108 32 30%
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. 9 ●
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