TOWNHOME SEPTEMBER vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
6 % UP
16 % UP
20 % UP
54 % UP
SELLER’S 33 %
The 113 townhome listings in Vancouver East in September were 9% higher month-over-month and 20% higher year-over-year. The 37 townhome sales in September were 19% above last month and 54% higher vs last year. The sales-to-listings ratio for townhomes increased to 33%, as conditions in Vancouver East’s townhome market remained favourable to sellers. The townhome benchmark price in September was $926,000, up 3% from August and 9% higher year-over-year. September’s average sold price was $940,727 at an average PSF sales price of $771 (down 10% and 9%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 104
% Change
No.
% Change
TOTAL LISTINGS
113
9%
94 24
20% 54% 28%
TOTAL SALES
37
31
19% 10%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
33%
30%
26%
$926,000 $903,100
3% $850,900
9% 6%
$940,727 $1,044,597 -10% $885,893
$771
$850
-9%
$667
16%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$912,800 $907,800 $905,000 $887,700 $926,000
$850,900 $869,100
113
103
94
72
71
61
40
38
37
29
24
22
16
16
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
BUYER'S MARKET
4+ bdrms
6
21
3 bdrms
64
15
<3 bdrms
. . . . 0 0 0 0 QD QD
43
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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