fraser valley board area
TOWNHOME APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
54 % UP
8 % DOWN
29 %
5 % DOWN
7 % DOWN
The number of townhome listings in the Fraser Valley board area increased to 1,313 in April, 5% above last month and 54% higher than last year. At 379, townhome sales were up 26% vs March but 8% below last year. The sales-to-listings ratio increased to 29%, as market conditions remained favourable to sellers. The benchmark price in April was $521,800, 0.9% above last month but 5% below last year. The average sold price was 1.8% higher between March and April, at $582,979, while the average PSF sales price decreased by 1.6% (to $368).
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 852 411 48%
% Change
TOTAL LISTINGS
1,313
1,252
5%
54% -8% -40%
TOTAL SALES
379 29%
300 24%
26% 20%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$521,800 $517,300 $582,979 $572,838
0.9% $549,900 1.8% $616,381 -1.6% $395
-5% -5% -7%
$368
$374
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$549,900 $558,000 $548,300 $538,400 $531,900 $516,000 $521,800
1,409
1,313
1,291
1,198
1,168
1,041
852
411
379
364
306
294
236
212
FVREB
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
70
4+ bdrms
273
SELLER'S MARKET
BALANCED
207
BUYER'S MARKET
3 bdrms
717
102
<3 bdrms
. . . . 0 0 0 0 QD
323
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
Made with FlippingBook - professional solution for displaying marketing and sales documents online