TOWNHOME SEPTEMBER vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE 9 % UP
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 20 %
6 % DOWN
6 % UP
85 % UP
At 247, the number of townhome listings in Vancouver West was 5% higher in September than in August but 6% below September 2019. Townhome sales, at 50, were up by 16% vs August and 85% above last September. The sales-to-listings ratio increased to 20% in September as Vancouver West’s townhome market remained in balanced market territory. The benchmark price in September was $1.16M, 0.1% above last month and 6% higher than last year. The average sold price was $1.37M, while the aver- age PSF sales price was $976 (decreasing 3% and 1.5%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 236
% Change
No. 264
% Change
TOTAL LISTINGS
247
5%
-6% 85% 98%
TOTAL SALES
50
43
16% 11%
27
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
18%
10%
$1,164,300 $1,162,600 $1,373,774 $1,420,969
0.1% $1,098,900 -3% $1,293,630
6% 6% 9%
$976
$991
-1.5%
$896
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.16
$1.15
$1.14
$1.13
$1.13
$1.13
$1.10
264
248
247
232
210
197
193
50
49
48
30
29
27
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
4
4+ bdrms
18
SELLER'S MARKET
14
BALANCED
3 bdrms
BUYER'S MARKET
113
32
<3 bdrms
. . . . 0 0 0 0 QD
116
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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