greatervancouverboardarea TOWNHOME-APRIL 2021
SALESTO LISTINGSRATIO 74% SELLER'SMARKET
▶ MARKETSUMMARY Therewere1,148townhomelistingsintheGreater VancouverboardareainApril,6%aboveMarchand11% lowerthanApril2020. Apriltownhomesalesdecreasedby6% month-over-month,to847,andwere332%aboveApril 2020. Thesales-to-listingratiofortownhomesintheGreater Vancouverboardarea,at74%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$910,000,a 1.0%increasefromMarchand19%aboveApril2020. Theaveragesoldpricewas$983,696,0.0%belowlast month;theaveragePSFsalepricewas$685,down1.5% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 20% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 20% VS2020
▲ 19% VS2020
▼ 11% VS2020
▲ 332% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
74% 847 1,148
15% 196 1,297
388% 332% -11%
83% 901 1,082
1.5% 0% 1% -11% -6% 6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$685 $983,696 $910,000
$675 $983,721 $901,200
$569 $816,898 $762,500
20% 20% 19%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,562
1,658 1,645
1,612
1,258
1,440
1,297
1,355
1,082
1,148
954
954
847
927
901
678
636
539
506
412
616
542
536
372
196
266
$910K
$900K
$901K
$815K
$816K
$790K
$789K
$790K
$791K
$780K
$785K
$780K
$763K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
131
250
4+bdrms
92%
88%
173
84%
78%
200
69%
486
3bdrms
150
622
100
33%
33%
200
2bdrms
17%
323
50
0
30 30
<$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
6 2 33%
82 64 78%
256 226 88%
280 236 84%
180 166 92%
141 97 69%
133 44 33%
70 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. 9 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online