TOWNHOME - DECEMBER 2019 vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
BALANCED 17 %
4 % UP
0.9 % DOWN
0.8 % DOWN
16 % UP
88 % UP
At 178, the number of townhome listings in Vancouver West were 27% lower in December than in November but 16% above December 2018. Townhome sales, at 30, were up by 1 vs November and 14 above last December. The sales-to-listings ratio increased to 17% in December as Vancouver West’s townhome segment remained in balanced market territory. The benchmark price in December was $1.14M, rel- atively unchanged from last month but 0.8% lower than last year. The average sold price was $1.33M, while the average PSF sales price was $948 (up 12% and 3%, respectively, from last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 244
% Change
No. 153
% Change
TOTAL LISTINGS
178
-27%
16% 88% 61%
TOTAL SALES
30
29
3%
16
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
12%
42%
10%
$1,135,600 $1,133,900 $1,329,437 $1,187,935
0.1% $1,144,200 12% $1,283,000
-0.8%
4%
$948
$916
3%
$957
-0.9%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.14
$1.14
$1.13
$1.12
$1.12
$1.11
$1.11
306
292
257
257
207
178
153
51
36
33
32
30
21
16
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
6
4+ bdrms
BUYER'S MARKET
18
12
3 bdrms
91
12
<3 bdrms
. . . . 0 0 0 0 QD QD
69
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 January 6, 2020. All data from RealEstateBoardof 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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