greatervancouverboard area TOWNHOME-OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,220 townhom elistingsin theG reater Vancouverboard areain O ctober,4% aboveSeptem ber and 5% higherthan October2022. O ctobertownhom esalesdecreased by1.3% m onth-over-m onth,to 298,and were10% aboveO ctober 2022. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,049,950, a4% decreasefrom Septem berand 2% aboveO ctober 2022. Theaveragesold pricewas$1,129,070,3% below last m onth;theaveragePSF salepricewas$784,up 1.6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.1% VS 2022
▲ 2% VS 2022
▲ 5% VS 2022
▲ 10% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24% 298 1,220
23% 271 1,161
5% 1.1% 2% 5% 10% 5%
26% 302 1,173
1.6% -3% -4% -5% -1.3% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$784 $1,129,070 $1,049,950
$772 $1,159,494 $1,096,500
$745 $1,117,234 $1,025,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,220
1,161
1,053
1,030 1,033
1,173
992
910
1,024
910
845
823
816
499
470
368
352
306
396
391
298
271
185
302
226
120
$1.09M $1.09M $1.06M $1.10M $1.05M
$1.02M
$1000K $1.05M $1.05M
$985K $979K $1.04M
$949K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
39
250
4+ bdrms
223
200
169
3 bdrms
150
677
35%
100
31% 32%
79
25%
22% 19%
2 bdrms
14%
280
50
7%
0
11
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
40
S-L RATIO SALES INVENTORY
14 2 14%
32 10 31%
124 40 32%
232 81 35%
278 70 25%
211 47 22%
206 40 19%
123 8 7%
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