vancouverregion TOWNHOME-AUGUST 202
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere2,207 townhom elistingsin theVancouver Region in August,10% below Julyand 60% higherthan August2021. Augusttownhom esalesincreased by19% m onth-over-m onth,to565,and were44% below August 2021. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at26% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$850,000,a 5% decreasefrom Julyand 8% aboveAugust2021. Theaveragesold pricewas$907,600,5% below last m onth;theaveragePSF salepricewas$622,down 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 8% VS 2021
▲ 60% VS 2021
▼ 44% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
26% 565 2,207
1,013 1,377
-65% -44% 60%
19% 475 2,444
32% 19% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$586 $866,668 $789,900 74%
$622 $907,600 $850,000
$636 $958,415 $893,000
-2% -5% -5%
6% 5% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,434 2,444
2,373
2,207
2,003
1,678
1,251
1,377 1,306
1,227
1,076
973
1,013
782
771
766
1,001
941
925
912
895
801
565
587
574
475
$990K $1.02M $1.00M
$983K $925K
$915K $893K $850K
$847K $880K $900K
$790K $834K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
800
88
700
4+ bdrms
480
600
500
306
3 bdrms
400
1,212
41%
300
34%
162
26%
25%
200
21%
2 bdrms
15% 12%
479
100
7%
0
9
<$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
31 8 26%
103 35 34%
450 185 41%
751 191 25%
397 85 21%
237 35 15%
170 21 12%
7%
36
68 5
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