TOWNHOME MARCH vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % UP
11 % UP
54 % UP
155 % UP
SELLER’S 60 %
The 94 townhome listings in Vancouver East in March were 31% higher month-over-month and 54% higher year-over-year. The 56 townhome sales in March were 65% above last month and 155% above last year. The sales-to-listings ratio for townhomes increased to 60%, as conditions in Vancouver East’s townhome market remained favourable to sellers. The townhome benchmark price in March was $980,100, up 8% month-over-month and year-over-year. March’s average sold price was $1.09M at an aver- age PSF sales price of $856 (up 5% and down 0.9%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
94 56
72 34
31% 65% 26%
61 22
54%
TOTAL SALES
155%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
60%
47%
36%
65%
$980,100 $910,000 $1,087,183 $1,032,369
8% $907,800 5% $1,016,527
8% 7%
$856
$864
-0.9% $771
11%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$980,100
$907,800 $905,000 $887,700 $926,000 $901,200 $893,600
114
103
94
95
75
71
61
56
37
33
29
22
16
16
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
4+ bdrms
BUYER'S MARKET
7
43
3 bdrms
62
12
<3 bdrms
. . . . 0 0 0 0 QD QD
25
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 April 6, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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