greatervancouverboard area TOWNHOME-FEBRUARY 2023
SALES TO LISTINGSRATIO 37% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 12% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 6% VS 2022
▲ 34% VS 2022
▼ 36% VS 2022
Therewere804 townhom elistingsin theG reater Vancouverboard areain February,3% aboveJanuaryand 34% higherthan February2022. Februarytownhom esalesincreased by157% m onth-over-m onth,to 301,and were36% below February2022. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at37% ,reflected aselers'm arket. Thetownhom em edian pricein Februarywas $1,035,000,a9% increasefrom Januaryand 6% below February2022. Theaveragesold pricewas$1,080,882,2% below last m onth;theaveragePSF salepricewas$739,up 0.3% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 78% 467 599
% Change
No. 15% 117 782
% Change
TOTALLISTINGS TOTALSALES
37% 301 804
-12% -10% -6% -52% -36% 34%
0.3% -2% 9% 150% 157% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$739 $1,080,882 $1,035,000
$737 $1,105,723 $947,500
$841 $1,196,262 $1,102,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,140
1,109
1,000
1,127
1,107
1,066
1,051
921
755
804
782
629
770
599 467
409
504
301
441
282
268
184
240
223
223
17
$1.10M $1.15M $1.10M
$1.03M $1.01M
$1.03M
$1.02M $948K $985K $948K
$990K $942K $928K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
61
150
4+ bdrms
143
66%
175
100
3 bdrms
457
50%
46%
42%
36%
28% 25%
50
61
2 bdrms
175
13%
0
4
<$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 6 46%
26 11 42%
96 63 66%
169 61 36%
152 76 50%
159 44 28%
128 32 25%
61 8 13%
29
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