vancouverwest TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 10% BUYERS'MARKET
▶ MARKETSUMMARY Therewere130 townhom elistingsin VancouverW estin D ecem ber,23% below N ovem berand 9% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by32% m onth-over-m onth,to13,and were63% below D ecem ber2021. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at10% ,reflected abuyers'm arket. Thetownhom em edian pricein D ecem berwas $1,320,000,a7% decreasefrom N ovem berand 11% below D ecem ber2021. Theaveragesold pricewas$1,578,608,3% abovelast m onth;theaveragePSF salepricewas$1,000,down 8% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 10% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.5% VS2021
▼ 11% VS2021
▲ 9% VS2021
▼ 63% VS2021
THISMONTH No. $1,000 $1,578,608 $1,320,000 10% 13 130
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,109 $1,555,713 $1,475,000 29% 35 119
-10% 1.5% -11% -66% -63% 9%
$1,087 $1,529,536 $1,420,000 11% 19 168
-12% -32% -23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-8% 3% -7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169 168
177
170
169
137
156
155
145
130
19
13
54
51
49
45
26
46
24
35
19
39
13
21
20
$1.72M
$1.60M
$1.56M $1.63M
$1.54M
$1.51M
$1.48M $1.52M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
60
1
4+bdrms
50
16
40
6
3bdrms
30
69
50%
38%
20
33%
5
2bdrms
39
10
8% 5% 7%
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2bdrms
S-LRATIO SALES INVENTORY
2 1 50%
6 2 33%
8 3 38%
13 1 8%
57 3 5%
7%
6
44 3
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