vancouvereast TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 47% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 0.3% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 5% VS2020
▼ 6% VS2020
▼ 17% VS2020
▲ 30% VS2020
Therewere83townhomelistingsinVancouverEastin July,17%belowJuneand17%lowerthanJuly2020. Julytownhomesalesdecreasedby24% month-over-month,to39,andwere30%aboveJuly 2020. Thesales-to-listingratiofortownhomesinVancouver East,at47%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$950,000,a9% decreasefromJuneand6%belowJuly2020. Theaveragesoldpricewas$1,060,939,4%abovelast month;theaveragePSFsalepricewas$810,up5%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
39 83
$813 $1,005,913 $1,007,500 30% 30 100
-0.4% 5% -6% 57% 30% -17%
$857 $1,023,105 $1,043,000 51% 51 100
-24% -17%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$810 $1,060,939 $950,000 47%
-5% 4% -9% -8%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
16
108
105
101
100
95
100
104
99
83
61
54
66
51
65 65
38
33
39
31
43
30
35
34
32
17
$1.03M $1.06M
$1.05M
$1.05M
$1.04M
$1.01M
$1000K
$975K
$955K
$945K
$950K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30
5
4+bdrms
25
8
20
16
59%
58%
3bdrms
15
58
36%
10
18
21%
2bdrms
15
5
0
<$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
0 2 n/a
11 4 36%
29 17 59%
19 4 21%
19 11 58%
5 0 n/a
0 1 n/a
2
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online