greatervancouverboard area TOWNHOME-OCTOBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,108 townhom elistingsin theG reater Vancouverboard areain O ctober,4% aboveSeptem ber and 66% higherthan October2021. O ctobertownhom esalesincreased by20% m onth-over-m onth,to 269,and were45% below O ctober 2021. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,020,800, a9% increasefrom Septem berand 8% aboveO ctober 2021. Theaveragesold pricewas$1,110,150,9% abovelast m onth;theaveragePSF salepricewas$741,up 2.0% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 1.8% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2021
▲ 8% VS 2021
▲ 66% VS 2021
▼ 45% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 74% 493 667
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24% 269 1,108
1.8% 8% 8% -67% -45% 66%
21% 225 1,065
15% 20% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$741 $1,110,150 $1,020,800
$726 $1,020,551 $936,000
2% 9% 9%
$728 $1,030,044 $945,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,139
1,108
1,126
1,106
1,051 1,065
920
753
597
599
667
629
493
409
387
501
503
467
446
441
282
365
269
284
240
225
$1.10M $1.10M $1.15M $1.10M
$1.03M $1.01M
$1.02M
$990K $942K $936K
$945K $995K $969K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
48
4+ bdrms
192
200
152
150
3 bdrms
620
100
32% 29%
27% 26%
63
23%
2 bdrms
50
14%
263
8%
5%
0
6
<$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
19 1 5%
40 9 23%
135 43 32%
260 76 29%
233 64 27%
180 47 26%
161 23 14%
8%
33
80 6
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