vancouverwest TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 6% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 6% VS2020
▲ 5% VS2020
▼ 0.4% VS2020
▼ 4% VS2020
Therewere221townhomelistingsinVancouverWestin July,3%belowJuneand-0.5%lowerthanJuly2020.
Julytownhomesalesdecreasedby23% month-over-month,to46,andwere4%belowJuly2020.
THISMONTH No. $1,038 $1,399,495 $1,277,000 21% 46 221
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratiofortownhomesinVancouver West,at21%,reflectedabalancedmarket.
TOTALLISTINGS TOTALSALES
$977 $1,315,225 $1,219,250 22% 48 222
-4% -4% -0.5%
$1,042 $1,386,801 $1,315,500 26% 60 227
-0.4% 0.9% -3% -21% -23% -3%
ThetownhomemedianpriceinJulywas$1,277,000,a 3%decreasefromJuneand5%aboveJuly2020. Theaveragesoldpricewas$1,399,495,0.9%abovelast month;theaveragePSFsalepricewas$1,038,up0.4%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
6% 6% 5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
243
255
231
227
222
219
222
221
232
227
187
185
180
97 96
90
55
50
46
48
46
60
57
43
34 34
$1.51M
$1.45M
$1.45M
$1.38M
$1.34M
$1.32M
$1.32M
$1.30M
$1.28M
$1.24M
$1.22M
$1.20M
$1.19M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
1
4+bdrms
24
60
69%
20
58%
3bdrms
40
97
22
20
22%
2bdrms
86
13%
11%
8%
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
0 1 n/a
9 1 11%
13 9 69%
19 11 58%
41 9 22%
77 10 13%
8%
14
62 5
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 42 ●
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