greatervancouverboardarea TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 90% SELLERS'MARKET
▶ MARKETSUMMARY Therewere416townhomelistingsintheGreater VancouverboardareainDecember,34%below Novemberand55%lowerthanDecember2020. Decembertownhomesalesdecreasedby28% month-over-month,to376,andwere26%below December2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at90%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$975,000, a2%decreasefromNovemberand20%aboveDecember 2020. Theaveragesoldpricewas$1,081,823,3%belowlast month;theaveragePSFsalepricewas$760,up0.2%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 26% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2020
▲ 20% VS2020
▼ 55% VS2020
▼ 26% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 54% 506 929
%Change
No. 82% 520 635
%Change
TOTALLISTINGS TOTALSALES
90% 376 416
26% 24% 20% 66% -26% -55%
0.2% -3% -2% 10% -28% -34%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$760 $1,081,823 $975,000
$758 $1,114,927 $999,900
$605 $872,113 $815,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,086
1,193 1,193
1,154
956
901
1,037
929
847
843
956
889
634
635
717
706
616
506
519 507
520
494 502
416
376
372
$1000K
$975K
$970K
$950K
$901K
$910K
$909K
$900K
$900K
$900K
$900K
$816K
$791K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
65
100%+ 100%+ 100%+
4+bdrms
93%
93%
100
57
80%
80
204
3bdrms
60
226
35%
40
93
21%
2bdrms
122
20
0
14
<$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
5 4 80%
15 14 93%
52 65 125%
69 117 170%
59 66 112%
74 69 93%
79 28 35%
63 13 21%
11
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