vancouvereast TOWNHOME-MAY 2021
SALESTO LISTINGSRATIO 44% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 0.9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 6% VS2020
▼ 12% VS2020
▲ 28% VS2020
▲ 169% VS2020
Therewere97townhomelistingsinVancouverEastin May,6%belowApriland28%higherthanMay2020. Maytownhomesalesdecreasedby20% month-over-month,to43,andwere169%aboveMay 2020. Thesales-to-listingratiofortownhomesinVancouver East,at44%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$955,000,a9% decreasefromApriland12%belowMay2020. Theaveragesoldpricewas$994,120,7%belowlast month;theaveragePSFsalepricewas$839,down5%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
43 97
16 76
0.9% -6% -12% 111% 169% 28%
$800 $1,072,148 $1,052,000 52% 54 103
-15% -20% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$839 $994,120 $955,000 44%
$831 $1,058,431 $1,080,000 21%
5% -7% -9%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
16
108
103
100
100
95
97
104
84
76
61
54
66
65 65
38
43
33
31
30
25
35
34
32
16
17
$1.08M
$1.03M $1.06M
$1.05M
$1.05M
$1.01M
$1000K
$975K
$955K
$938K
$945K
$928K
$760K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
2
100%+
4+bdrms
8
30
85%
64%
23
3bdrms
20
60
33%
28%
14
10
2bdrms
26
0
4
<$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
1 3 300%
14 9 64%
36 12 33%
29 8 28%
13 11 85%
3 0 n/a
1 0 n/a
3
Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online