TOWNHOME - OCTOBER 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % UP
0.7 % DOWN
1.4 % DOWN
1.9 % DOWN
13 % DOWN
SELLER’S 32 %
The 90 townhome listings in Vancouver East in October were down 4% month-over-month and 13% lower year-over-year. The 29 townhome sales in October were 5 above last month and 1 higher vs last year. The sales-to-listings ratio for townhomes increased to 32%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in October was $852,800, 1.1% above September but 1.9% lower year-over-year. October’s average sold price of $891,628 was 0.6% above last month, while the average PSF sales price was $712 (up 7% vs last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 103
% Change
TOTAL LISTINGS
90 29
94 24
-4% 21% 26%
-13%
TOTAL SALES
28
4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
26%
27%
19%
$852,800 $843,400 $891,628 $885,893
1.1% $869,300 0.6% $897,789
-1.9% -0.7% -1.4%
$712
$667
7%
$722
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$869,300 $871,200 $872,700 $868,400 $861,500 $838,100 $852,800
103
102
100
90
88
87
73
32
29
28
26
24
18
15
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
8
21
3 bdrms
51
7
<3 bdrms
. . . . 0 0 0 0 QD QD
31
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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.
36
Made with FlippingBook - professional solution for displaying marketing and sales documents online