greater vancouver board area
TOWNHOME - DECEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
18 % DOWN
0.3 % DOWN
75 % UP
SELLER’S 28 %
The number of townhome listings in the REBGV fell to 1,062 in December, 31% below November and 18% lower year-over-year. Townhome sales in December, at 293, were down 26% vs November but were 75% above last year. The sales-to-listings ratio increased to 28% as the REBGV townhome market remained favourable to sellers. The townhome benchmark price in December was $778,400, 0.7% above November but 2% lower than in December 2018. The average sold price was $846,637, with an aver- age PSF sales price of $577 (2% lower and relatively unchanged, respectively, vs November).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
1,062
1,544
-31% -26%
1,294
-18% 75% 114%
TOTAL SALES
293 28%
397 26%
167 13%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
7%
$778,400 $772,800 $846,637 $829,139
0.7% $797,400 2% $849,102 -0.2% $601
-2%
-0.3%
$577
$578
-4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$797,400 $780,600 $775,000 $774,700 $771,900 $771,600 $778,400
2,156
1,994
1,994
1,785
1,539
1,294
1,062
465
345
341
316
293
239
167
REBGV
FVREB
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
52
4+ bdrms
BUYER'S MARKET
208
162
3 bdrms
584
79
<3 bdrms
. . . . 0 0 0 0
270
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.
6
Made with FlippingBook - professional solution for displaying marketing and sales documents online