TOWNHOME FEBRUARY vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 32 %
13 % DOWN
27 % UP
14 % UP
71 % UP
At 184, the number of townhome listings in Vancouver West was 5% lower month-over-month and 13% lower year-over-year. Townhome sales, at 58, were up 71% month-over- month and year-over-year. The sales-to-listings ratio increased to 32% in February as Vancouver West’s townhome market transitioned to seller’s market territory. The benchmark price in February was $1.17M, 2% above last month and this time last year. The average sold price was $1.50M, while the aver- age PSF sales price was $1,066 (increasing 9% and 8%, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 193
% Change
No. 212
% Change
TOTAL LISTINGS
184
-5% 71% 79%
-13% 71% 97%
TOTAL SALES
58
34
34
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
18%
16%
$1,167,700 $1,142,100 $1,495,633 $1,367,758
2% $1,139,900 9% $1,176,006
2%
27% 14%
$1,066
$987
8%
$935
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.17
$1.16
$1.16
$1.14
$1.14
$1.12
$1.12
258
241
214
212
195
184
186
58
55
43
34
34
34
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
15
SELLER'S MARKET
BALANCED
19
3 bdrms
BUYER'S MARKET
90
38
<3 bdrms
. . . . 0 0 0 0 QD QD
82
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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