TOWNHOME APRI L vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
26 % DOWN
3 % DOWN
8 % UP
SELLER’S 27 %
The 96 townhome listings in Vancouver East in April were unchanged from March and were 8% higher year-over-year. The 26 townhome sales in April were 6 above last month but 9 lower year-over-year. The sales-to-listings ratio for townhomes rose to 27%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in April was $816,500, 0.6% below March and 13% lower year-over-year. April’s average sold price of $933,019 was 8% above last month, while the average PSF sales price was $724 (up 10% vs last month).
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PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
96 26
96 20
0.0% 30% 30%
89 35
8%
TOTAL SALES
-26% -31% -13%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27%
21%
39%
$816,500 $821,300 $933,019 $861,475
-0.6% $933,500 8% $967,871
-4% -3%
$724
$658
10%
$743
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$933,500 $923,400 $894,200
$833,200 $850,000 $823,800 $816,500
111
105
96
93
89
89
75
35
28
26
24
19
18
15
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
4+ bdrms
14
BALANCED
BUYER'S MARKET
17
3 bdrms
56
9
<3 bdrms
. . . . 0 0 0 0 QD QD
26
S-L RATIO SALES INVENTORY
CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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