greatervancouverboard area TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 41% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 9% VS 2022
▼ 13% VS 2022
▲ 14% VS 2022
▼ 43% VS 2022
Therewere903 townhom elistingsin theG reater Vancouverboard areain M arch,7% aboveFebruaryand 14% higherthan M arch 2022. M arch townhom esalesincreased by20% m onth-over-m onth,to 368,and were43% below M arch 2022. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at41% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$1,000,000,a 4% decreasefrom Februaryand 13% below M arch 2022. Theaveragesold pricewas$1,092,929,0.4% abovelast m onth;theaveragePSF salepricewas$745,up 0.1% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 81% 643 790
% Change
No. 36% 306 843
% Change
TOTALLISTINGS TOTALSALES
41% 368 903
-13% -50% -43% 14%
0.1% 0.4% -4% 12% 20% 7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$745 $1,092,929 $1,000,000
$744 $1,088,632 $1,039,500
$821 $1,198,926 $1,150,000
-9% -9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,191
1,161
1,053
1,177
1,155
1,17
1,096
903
963
643 790
843
816 822
421
51
453
306
368
290
271
186
245
232
226
120
$1.15M
$1.10M $1.03M
$1.04M $995K
$1.04M $1000K
$945K $950K $1.02M
$949K $987K $979K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
64
4+ bdrms
153
150
67%
64%
218
3 bdrms
100
490
51% 52%
27%
27%
77
23%
50
2 bdrms
16%
227
0
9
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
33
S-L RATIO SALES INVENTORY
11 3 27%
22 14 64%
110 74 67%
182 93 51%
171 89 52%
177 47 27%
155 36 23%
75 12 16%
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