TOWNHOME - MAY 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % UP
43 % UP
6 % DOWN
5 % DOWN
SELLER’S 38 %
The 105 townhome listings in Vancouver East in May were up 4% month-over-month and year-over-year. The 40 townhome sales in May were 54% above last month and 43% higher year-over-year. The sales-to-listings ratio for townhomes rose to 38%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in May was $873,700, 0.6% above April but 6% lower year-over-year. May’s average sold price of $892,042 was 4% below last month, while the average PSF sales price was $693 (down 4% vs last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 101
% Change
No. 101
% Change
TOTAL LISTINGS
105
4%
4%
TOTAL SALES
40
26
54% 48%
28
43% 37% -6% -6% -5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
38%
26%
28%
$873,700 $868,400 $892,042 $933,019
0.6% $925,800 -4% $944,291
$693
$724
-4%
$730
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$925,800 $892,600 $873,400 $830,800 $848,200 $821,300
$873,700
115
107
105
101
99
97
85
40
28
23
23
21
20
8
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
4+ bdrms
BUYER'S MARKET
12
20
3 bdrms
68
17
<3 bdrms
. . . . 0 0 0 0 QD QD
25
S-L RATIO SALES INVENTORY
CurrentasofJune4,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverifiedthe informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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