vancouverregion TOWNHOME-OCTOBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere2,109 townhom elistingsin theVancouver Region in O ctober,3% below Septem berand 96% higher than October2021. O ctobertownhom esalesincreased by11% m onth-over-m onth,to 514,and were49% below O ctober 2021. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$870,000,a 2% increasefrom Septem berand 3% aboveO ctober 2021. Theaveragesold pricewas$951,955,5% abovelast m onth;theaveragePSF salepricewas$632,up 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 3% VS 2021
▲ 96% VS 2021
▼ 49% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24% 514 2,109
1,001 1,076
-74% -49% 96%
21% 461 2,181
15% 11% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$612 $909,877 $847,000 93%
$632 $951,955 $870,000
$610 $906,802 $850,000
4% 5% 2%
3% 5% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,181
2,443
2,433
2,372
2,109
2,206
2,002
1,677
1,251
1,227
973
1,076
782
770
766
1,001
941
91
895
565
801
514
587
574
474
461
$990K $1.02M $1.00M $983K
$925K $915K $894K
$850K $850K $870K
$847K $880K $900K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
700
97
600
4+ bdrms
452
500
265
400
3 bdrms
1,155
300
33% 34%
200
145
23%
23% 24%
21%
2 bdrms
458
14%
100
8%
0
7
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
40 9 23%
118 39 33%
436 147 34%
666 151 23%
366 89 24%
233 49 21%
170 24 14%
8%
44
80 6
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