greatervancouverboard area TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere769 townhom elistingsin theG reater Vancouverboard areain D ecem ber,23% below N ovem berand 98% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by17% m onth-over-m onth,to184,and were50% below D ecem ber2021. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at24% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas$985,000, a4% increasefrom N ovem berand 1.7% aboveD ecem ber 2021. Theaveragesold pricewas$1,082,440,6% abovelast m onth;theaveragePSF salepricewas$755,up 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 0.5% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2.0% VS2021
▲ 1.7% VS2021
▲ 98% VS2021
▼ 50% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 94% 365 388
%Change
No. 22% 223 999
%Change
TOTALLISTINGS TOTALSALES
24% 184 769
0.5% 2% 1.7% -75% -50% 98%
-17% -23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
6% 6% 4% 7%
$755 $1,082,440 $985,000
$712 $1,021,406 $948,000
$751 $1,061,688 $969,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,140
1,108
999
1,127
1,107
1,051 1,065
921
755
629
769
599
409
504
467
388
446
441
282
269
365
284
184
240
223
223
$1.10M $1.10M $1.15M $1.10M
$1.03M $1.01M
$1.02M $948K $985K
$990K $942K $928K
$969K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
28
150
4+bdrms
130
100
103
3bdrms
437
39%
33%
50
29%
28%
50
2bdrms
18%
176
11%
9%
6%
0
3
<$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
18 1 6%
24 7 29%
93 36 39%
160 53 33%
160 45 28%
120 22 18%
120 13 11%
9%
26
74 7
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