the rennie review - August 2022

vancouvereast TOWNHOME-JULY 202

SALES TO LISTINGSRATIO 26% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 10% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 14% VS 2021

▲ 24% VS 2021

▲ 17% VS 2021

▼ 36% VS 2021

Therewere97 townhom elistingsin VancouverEastin July,2% aboveJuneand 17% higherthan July2021. Julytownhom esalesdecreased by19% m onth-over-m onth,to25,and were36% below July 2021. Thesales-to-listing ratio fortow nhom esin Vancouver East,at26% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$1,174,900,a 2% increasefrom Juneand 24% aboveJuly2021. Theaveragesold pricewas$1,204,608,4% abovelast m onth;theaveragePSF salepricewas$890,down 2% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

25 97

39 83

10% 14% 24% -45% -36% 17%

31 95

-21% -19% 2%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$890 $1,204,608 $1,174,900 26%

$810 $1,060,939 $950,000 47%

$911 $1,161,011 $1,150,000 33%

-2% 4% 2%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 2021 ● JUL 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

99

97

99

83

95

83

88

86

74

59

48

44

44

43

41

51

34

39

31

42

38

33

25

30

27

24

$1.27M

$1.18M $1.20M $1.20M $1.15M $1.17M

$1.15M

$1.08M

$1.07M $1.00M

$950K $1.04M $978K

VANCOUVEREAST REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

25

4

4+ bdrms

8

20

14

15

3 bdrms

47

10

33%

32%

31%

7

25%

24%

2 bdrms

5

38

0

<$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

2 0 n/a

6 2 33%

25 6 24%

19 6 32%

24 6 25%

16 5 31%

5 0 n/a

4

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