vancouverwest TOWNHOME-JULY 202
SALES TO LISTINGSRATIO 12% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2021
▲ 19% VS 2021
▼ 3% VS 2021
▼ 51% VS 2021
Therewere169 townhom elistingsin VancouverW estin July,nochangetoJuneand 3% lowerthan July2021. Julytownhom esalesdecreased by56% m onth-over-m onth,to20,and were51% below July 2021. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at12% ,reflected abuyers'm arket. Thetownhom em edian pricein Julywas$1,540,000,a 14% increasefrom Juneand 19% aboveJuly2021. Theaveragesold pricewas$1,523,240,6% abovelast m onth;theaveragePSF salepricewas$1,056,down 7% tolastm onth.
THISMONTH No. $1,056 $1,523,240 $1,540,000 12% 20 169
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,027 $1,370,424 $1,298,000 24% 41 174
3% 11% 19% -50% -51% -3%
$1,130 $1,435,645 $1,349,900 27% 45 169
-7% 6% 14% -56% -56% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
174
169
177
150
170
169
137
145
142
141
139
19
13
69
54
51
49
49
45
44
48
46
41
39
35
20
$1.72M
$1.61M
$1.56M $1.63M
$1.54M
$1.49M $1.41M $1.44M
$1.51M
$1.48M $1.52M
$1.35M
$1.30M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
1
60
4+ bdrms
18
50
10
40
3 bdrms
84
30
33%
20
6
25%
2 bdrms
19%
59
12%
10
7%
6%
0
3
<$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
3 1 33%
8 2 25%
15 1 7%
27 5 19%
66 8 12%
6%
8
50 3
Copyright© August4,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofAugust4,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 49 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online