greatervancouverboard area TOWNHOME-AUGUST 202
SALES TO LISTINGSRATIO 27% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,052 townhom elistingsin theG reater Vancouverboard areain August,8% below Julyand 28% higherthan August2021. Augusttownhom esalesincreased by18% m onth-over-m onth,to282,and were44% below August 2021. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at27% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$941,500,a 5% decreasefrom Julyand 5% aboveAugust2021. Theaveragesold pricewas$1,005,567,6% below last m onth;theaveragePSF salepricewas$732,down 0.4% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.8% VS 2021
▲ 5% VS 2021
▲ 28% VS 2021
▼ 44% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 61% 500 825
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
27% 282 1,052
6% 0.8% 5% -56% -44% 28%
21% 240 1,140
27% 18% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$732 $1,005,567 $941,500
$735 $1,066,272 $990,000
-0.4% -6% -5%
$693 $997,438 $899,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,140
1,127
1,052
1,107
792
921
825
754
629
597
599
667
500
409
387
501
503
493
477
467
446
441
365
282
284
240
$1.10M $1.10M $1.15M
$1.10M $1.03M
$1.01M $990K $942K
$995K $969K
$899K $960K $945K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
39
4+ bdrms
186
200
153
150
3 bdrms
56%
594
48%
100
39%
82
25%
23%
2 bdrms
50
15%
241
12%
7%
0
8
<$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
13 3 23%
29 14 48%
106 59 56%
241 93 39%
244 60 25%
191 29 15%
160 19 12%
7%
31
68 5
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