westvancouver TOWNHOME-MAY 2021
SALESTO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 34% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 31% VS2020
▲ 21% VS2020
▲ 9% VS2020
▲ 100% VS2020
Therewere24townhomelistingsinWestVancouverin May,4%aboveApriland9%higherthanMay2020. Maytownhomesalesremainedthesame0 month-over-month,to4,andwere100%aboveMay 2020. Thesales-to-listingratiofortownhomesinWest Vancouver,at17%,reflectedabalancedmarket. ThetownhomemedianpriceinMaywas$1,471,000,a 35%decreasefromApriland21%aboveMay2020. Theaveragesoldpricewas$1,595,000,32%belowlast month;theaveragePSFsalepricewas$588,down31% tolastmonth.
THISMONTH No. $588 $1,595,000 $1,471,000 17% 4 24
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$439 $1,215,000 $1,215,000 9% 2 22
34% 31% 21% 83% 100% 9%
$851 $2,347,500 $2,280,000 17% 4 23
0% 4%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-31% -32% -35% -4%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
36
36
35
38
32
36
29
23
24
21
22
22
19
8
6
6
3
5
2
4
2
4
4 4
4
$2.28M
$1.73M $1.58M
$1.70M
$1.55M
$1.55M
$1.53M
$1.47M
$1.37M
$1.24M
$1.22M
$928K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
14
2 2
100%
12
4+bdrms
10
8
1
3bdrms
14
6
33%
4
1
25%
2bdrms
7
2
8%
0
<$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 1 100%
3 0 n/a
3 1 33%
4 1 25%
8%
1
13 1
Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 45 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online