vancouverregion TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 57% SELLER'SMARKET
▶ MARKETSUMMARY Therewere1,743townhomelistingsintheVancouver RegioninJuly,12%belowJuneand39%lowerthanJuly 2020. Julytownhomesalesdecreasedby17% month-over-month,to998,andwere9%belowJuly 2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at57%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$782,000,a 0.8%decreasefromJuneand21%aboveJuly2020. Theaveragesoldpricewas$859,343,0.8%belowlast month;theaveragePSFsalepricewas$585,down0.2% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 21% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2020
▲ 21% VS2020
▼ 39% VS2020
▼ 9% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
57% 998 1,743
1,099 2,862
21% 19% 21% 49% -9% -39%
1,205 1,976
-0.2% -0.8% -0.8% -6% -17% -12%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$483 $724,064 $646,000 38%
$586 $866,247 $788,000 61%
$585 $859,343 $782,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,862
2,619
2,925 2,956
2,260
2,035
2,023
1,976
1,724
1,682
1,641
1,608
1,586
1,743
1,485
1,414
1,291
1,196
1,406
1,013
1,099
1,205
998
1,071
1,060
836
$788K
$780K
$785K
$776K
$782K
$720K
$688K
$675K
$665K
$671K
$660K
$656K
$646K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
600
180
500
4+bdrms
330
400
75%
69%
65%
562
58%
300
3bdrms
946
200
35%
27%
238
2bdrms
19% 16%
100
430
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
18
S-LRATIO SALES INVENTORY
31 11 35%
171 111 65%
557 415 75%
433 251 58%
194 133 69%
143 38 27%
129 25 19%
85 14 16%
<2bdrms
37
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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