TOWNHOME MARCH vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
18 % UP
17 % UP
43 % DOWN
10 % UP
SELLER’S 40 %
The 55 townhome listings in Vancouver East in March were up 6% month-over-month but 43% lower year-over-year. The 22 townhome sales in March were 3 above last month and 2 higher vs last year. The sales-to-listings ratio for townhomes increased to 40%, as conditions in Vancouver East’s townhome market continued to favour sellers. The townhome benchmark price in March was $893,300, down 1.2% from February but 4% higher year-over-year. March’s average sold price was $1.02M at an average PSF sales price of $771 (both up 19%, respectively, vs last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
55 22
52 19
6%
97 20
-43% 10% 94%
TOTAL SALES
16%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
40%
37%
9%
21%
$893,300 $903,900 $1,016,527 $856,889
-1.2% $861,800 19% $861,475
4%
18% 17%
$771
$647
19%
$658
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$861,800 $873,700 $847,400 $843,400 $861,200 $903,600 $893,300
108
101
97
94
72
55
40
40
38
24
24
22
20
16
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
5
SELLER'S MARKET
14
BALANCED
3 bdrms
BUYER'S MARKET
32
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD
18
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 April 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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