vancouvereast TOWNHOME-AUGUST 202
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 7% VS 2021
▼ 8% VS 2021
▲ 2% VS 2021
▼ 26% VS 2021
Therewere88 townhom elistingsin VancouverEastin August,8% below Julyand 2% higherthan August2021. Augusttownhom esalesdecreased by20% m onth-over-m onth,to20,and were26% below August 2021. Thesales-to-listing ratio fortow nhom esin Vancouver East,at23% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$958,450,a 18% decreasefrom Julyand 8% below August2021. Theaveragesold pricewas$984,124,18% below last m onth;theaveragePSF salepricewas$736,down 17% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
20 88
27 86
-28% -26% 2%
25 96
-17% -18% -18% -13% -20% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$736 $984,124 $958,450 23%
$780 $1,059,389 $1,037,500 31%
$890 $1,204,608 $1,174,900 26%
-6% -7% -8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
99
99
83
95 96
88
86
88
74
59
48
44
44
43
41
51
34
31
42
38
33
30
27
20
25
24
$1.27M
$1.18M $1.20M $1.20M $1.15M $1.17M
$1.15M
$1.08M
$1.07M $1.00M
$1.04M $978K
$958K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
2
100% 100%+
4+ bdrms
7
20
13
15
3 bdrms
47
10
36%
5
2 bdrms
5
31
13%
10% 10%
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 1 100%
1 4 400%
25 9 36%
21 2 10%
20 2 10%
16 2 13%
4 0 n/a
3
Copyright© Septem ber7,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofSeptem ber7,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 45 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online