vancouverwest TOWNHOME-MAY 2021
SALESTO LISTINGSRATIO 42% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 26% VS2020
▲ 21% VS2020
▲ 220% VS2020
Therewere227townhomelistingsinVancouverWestin May,-1.7%belowApriland21%higherthanMay2020. Maytownhomesalesdecreasedby1.0% month-over-month,to96,andwere220%aboveMay 2020. Thesales-to-listingratiofortownhomesinVancouver West,at42%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$1,449,450,a 5%increasefromApriland26%aboveMay2020. Theaveragesoldpricewas$1,453,257,6%abovelast month;theaveragePSFsalepricewas$1,091,up4%to lastmonth.
THISMONTH No. $1,091 $1,453,257 $1,449,450 42% 96 227
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$965 $1,156,483 $1,147,500 16% 30 187
164% 220% 21%
$1,051 $1,373,278 $1,380,000 42% 97 231
4% 6% 5% 0.7% -1% -1.7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
13% 26% 26%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
243
255
231
222
222
219
227
206
232
187
187
185
180
97
90
96
55
50
48
46
57
30
43
34
34 34
$1.51M
$1.45M
$1.45M
$1.38M
$1.34M
$1.32M
$1.30M
$1.27M
$1.24M
$1.22M
$1.20M
$1.19M
$1.15M
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
3
80
4+bdrms
19
74%
60
64% 60%
39
58%
3bdrms
96
40
32%
46
22%
2bdrms
20
100
0
8
<$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
12 7 58%
19 14 74%
22 14 64%
35 21 60%
88 28 32%
51 11 22%
12
Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 42 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online