vancouverregion TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 129% SELLERS'MARKET
▶ MARKETSUMMARY Therewere616townhomelistingsintheVancouver RegioninDecember,39%belowNovemberand61% lowerthanDecember2020. Decembertownhomesalesdecreasedby17% month-over-month,to793,andwere22%below December2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at129%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$901,500, a1.9%increasefromNovemberand34%above December2020. Theaveragesoldpricewas$968,605,1.3%belowlast month;theaveragePSFsalepricewas$661,up0.9%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 33% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 30% VS2020
▲ 34% VS2020
▼ 61% VS2020
▼ 22% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
793 616
1,013 1,588
102% -22% -61%
95% 960 1,011
0.9% -1.3% 1.9% 36% -17% -39%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$661 $968,605 $901,500 129%
$499 $744,653 $670,500 64%
$656 $981,469 $885,000
33% 30% 34%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,039
2,026
1,747
1,727
1,980
1,643
1,608
1,487
1,588
1,682
1,414
1,357
1,441 1,020
1,405
1,126
1,01
1,204
1,013
1,01
998
960
943
793
836
616
$902K
$885K
$850K
$839K
$780K
$785K
$788K
$782K
$790K
$776K
$720K
$688K
$671K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
350
161
100%+ 100%+ 100%+ 100%+ 100%+
300
4+bdrms
105
250
78%
200
433
3bdrms
340
150
36%
100
180
21%
2bdrms
159
50
0
19
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
9 7 78%
34 41 121%
107 167 156%
156 325 208%
90 131 146%
77 80 104%
80 29 36%
63 13 21%
12
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online