TOWNHOME FEBRUARY fraser valley board area
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
14 % UP
47 % DOWN
14 % UP
134 % UP 150 %
The number of townhome listings in the Fraser Valley board area decreased to 526 in February, 26% below last month and 47% lower than last year. At 788, townhome sales were up 71% vs January and 134% above last year. The sales-to-listings ratio, at 150%, remained favourable market for sellers. The benchmark price in February was $600,300, up 3% from last month and 10% higher vs last year. The average sold price, at $669,099, was 3% higher between January and February while the average PSF sales price was 5% higher (at $432).
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 715 460 64%
% Change
No. 986 337 34%
% Change
TOTAL LISTINGS
526 788
-26% 71% 133%
-47% 134% 338%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
150%
$600,300 $580,800 $669,099 $650,659
3% $545,300 3% $586,961
10% 14% 14%
$432
$410
5%
$379
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$600,300
$545,300 $552,800 $559,600 $563,900 $569,200 $576,200
1,327
1,258
1,266
1,020
986
788
680
609
515
451
337
526
501
200
FVREB
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
175
4+ bdrms
111
SELLER'S MARKET
BALANCED
436
BUYER'S MARKET
3 bdrms
289
177
<3 bdrms
. . . . 0 0 0 0 QD QD
126
S-L RATIO SALES INVENTORY
Copyright © 2021 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 March 3, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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