greatervancouverboardarea TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 50% SELLER'SMARKET
▶ MARKETSUMMARY Therewere1,032townhomelistingsintheGreater VancouverboardareainJuly,13%belowJuneand36% lowerthanJuly2020. Julytownhomesalesdecreasedby18% month-over-month,to519,andwere4%belowJuly 2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at50%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$899,900,a 1.0%decreasefromJuneand15%aboveJuly2020. Theaveragesoldpricewas$973,564,1.1%belowlast month;theaveragePSFsalepricewas$686,down1.1% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 17% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 15% VS2020
▼ 36% VS2020
▼ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
50% 519 1,032
33% 539 1,612
17% 13% 15% 50% -4% -36%
53% 635 1,189
-18% -13%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-1% -6%
$686 $973,564 $899,900
$694 $984,845 $909,000
$589 $859,382 $785,000
-1.1% -1.1%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,612
1,658
1,645
1,258
1,440
1,189
1,189
1,151
1,083
954
1,032
847
954
927 506
901
678
636
635
706
539
616
519
542
536
372
$910K
$909K
$900K
$901K
$900K
$900K
$815K
$816K
$789K
$790K
$791K
$785K
$780K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
250
81
100%
4+bdrms
146
200
81%
66% 67%
284
150
59%
3bdrms
567
100
137
26%
2bdrms
19% 16%
50
288
0
17
<$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
2 2 100%
48 39 81%
227 135 59%
246 162 66%
160 107 67%
138 36 26%
126 24 19%
85 14 16%
31
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 9 ●
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