greater vancouver board area
TOWNHOME APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
7 % DOWN
20 % DOWN
76 % UP
BALANCED 16 %
The number of townhome listings in the REBGV rose to 1,938 in April, 11% above March and 76% higher year-over-year. Townhome sales in April, at 316, were up 13% vs March but were 20% below last year. The sales-to-listings ratio remained at 16% as the REBGV townhome market was balanced. The townhome benchmark price in April was $783,300, virtually unchanged from March and 7% lower than in April 2018. The average sold price was $829,845, with an average PSF sales price of $582 (up 2% and 1.2%, respectively, from March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
1,938
1,751
11% 13%
1,100
76% -20% -55%
TOTAL SALES
316 16%
280 16%
395 36%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
2%
$783,300 $783,600 $829,845 $813,919
0.0% $846,400 2% $868,733
-7% -4% -7%
$582
$575
1.2%
$626
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$846,400 $854,900 $846,100 $829,200 $809,700 $789,300 $783,300
1,938
1,731
1,575
1,538
1,456
1,327
1,100
395
370
316
311
294
239
167
REBGV
FVREB
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
45
4+ bdrms
BUYER'S MARKET
315
176
3 bdrms
1,099
95
<3 bdrms
. . . . 0 0 0 0
524
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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