TOWNHOME FEBRUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
20 % UP
34 % UP
26 % UP
79 % UP
SELLER’S 51 %
The 67 townhome listings in Vancouver East in February were 7% lower month-over-month but 26% higher year-over-year. The 34 townhome sales in February were 113% above last month and 79% above last year. The sales-to-listings ratio for townhomes increased to 51%, as conditions in Vancouver East’s townhome market remained favourable to sellers. The townhome benchmark price in February was $910,000, up 1.8% from January and 0.9% higher year-over-year. February’s average sold price was $1.03M at an average PSF sales price of $864 (up 29% and 28%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
67 34
72 16
-7%
53 19
26% 79% 42% 0.9% 20% 34%
TOTAL SALES
113% 128%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
51%
22%
36%
$910,000 $893,600 $1,032,369 $800,000
1.8% $901,500 29% $856,889
$864
$674
28%
$647
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$901,500 $893,300 $888,600 $903,100 $902,100 $897,400 $910,000
109
106
84
67
69
65
53
34
34
31
31
25
19
12
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
4+ bdrms
BUYER'S MARKET
4
17
3 bdrms
46
16
<3 bdrms
. . . . 0 0 0 0 QD QD
17
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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