vancouverregion TOWNHOME-APRIL 2021
SALESTO LISTINGSRATIO 80% SELLER'SMARKET
▶ MARKETSUMMARY Therewere2,020townhomelistingsintheVancouver RegioninApril,17%aboveMarchand11%lowerthan April2020. Apriltownhomesalesdecreasedby4% month-over-month,to1,609,andwere306%aboveApril 2020. Thesales-to-listingratiofortownhomesintheVancouver Region,at80%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$785,000,a 0.6%increasefromMarchand25%aboveApril2020. Theaveragesoldpricewas$867,585,1.0%abovelast month;theaveragePSFsalepricewas$583,up2%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 25% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2020
▲ 25% VS2020
▼ 11% VS2020
▲ 306% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,609 2,020
17% 396 2,265
356% 306% -11%
1,682 1,723
0.6% -18% -4% 17%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$583 $867,585 $785,000 80%
$571 $859,301 $780,000 98%
$468 $700,894 $630,450
25% 24% 25%
2% 1%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,788
2,619
2,956
2,925
2,862
2,260
2,265
2,406
2,020
1,723
1,682
1,641
1,586
1,485
1,609
1,291
1,196
1,099
1,407
1,013
863
1,071
1,060
836
396
492
$785K
$780K
$720K
$688K
$675K
$671K
$665K
$660K
$656K
$650K
$646K
$633K
$630K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
800
700
299
100%+
4+bdrms
91%
395
600
85%
74%
500
71%
903
3bdrms
400
1,102
41%
300
33%
376
200
2bdrms
17%
489
100
0
34 31
<$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
27 11 41%
252 178 71%
732 663 91%
460 392 85%
198 200 101%
145 108 74%
135 45 33%
71 12 17%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 6 ●
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