TOWNHOME JULY vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE 9 % UP
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 22 %
22 % DOWN
0.0 %
6 % UP
At 219, the number of townhome listings in Vancouver West were 5% higher in July than in June but 22% below July 2019. Townhome sales, at 48, were up by 41% vs June but unchanged vs last July. The sales-to-listings ratio increased to 22% in July as Vancouver West’s townhome market transitioned to seller’s market territory. The benchmark price in July was $1.14M, 1.8% above last month and 2% higher than last year. The average sold price was $1.32M, while the aver- age PSF sales price was $977 (decreasing 3% and unchanged, respectively, from last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 208
% Change
No. 281
% Change
TOTAL LISTINGS
219
5%
-22% 0.0% 28%
TOTAL SALES
48
34
41% 34%
48
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
16%
17%
$1,139,900 $1,119,800 $1,315,225 $1,361,923
1.8% $1,114,700 -3% $1,240,210
2% 6% 9%
$977
$977
0.0%
$897
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.15
$1.14
$1.13
$1.13
$1.13
$1.11
$1.10
281
264
248
219
210
197
193
49
48
48
30
29
27
24
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
3
BALANCED
4+ bdrms
BUYER'S MARKET
18
15
3 bdrms
101
30
<3 bdrms
. . . . 0 0 0 0 QD
100
S-L RATIO SALES INVENTORY
Copyright © 2020 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 August 7, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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