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Let's break it down and see what’s really happening
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📊 What the Numbers Say
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Month
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Sales
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Active Listings
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Benchmark Price
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Avg Days on Market
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March
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63
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163
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$1,083,400
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19 days
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April
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60
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193
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$1,081,400
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17 days
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May
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34
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207
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$1,085,000
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19 days
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🧐 Month-over-Month Highlights:
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Sales dropped by 43% from March to May.
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Inventory rose steadily—27% increase in active listings over 3 months.
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Benchmark Price remained mostly flat, fluctuating within a tight range (~$1,081K to $1,085K).
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Days on Market have held steady around 17–19 days, suggesting stable buyer engagement despite fewer transactions.
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📉 Interpreting the Market
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The sharp decline in sales may look dramatic, but it’s not all bad news. The steadiness in pricing, coupled with slight increases in inventory, signals a shift from a strong seller’s market toward a more balanced environment.
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This could mean:
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In April, the sales-to-active ratio for townhomes was 31.1%—solidly in seller’s market territory. But by May, it dropped to 16.4%, crossing into a balanced market zone
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🏠 A Tip for Buyers
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If you’ve been waiting on the sidelines, this may be your window.
More listings and stable prices make for a less competitive landscape—and potentially better negotiation power.
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📌 Visual Snapshot: Townhome Market Trends
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In order from from the top (MAR-APR-MAY)
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Current as of June 03, 2025. All data from the Real Estate Board of Greater Vancouver. Report © 2025 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.
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💬 Let’s Talk Real Estate!
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Whether you're buying your first home, upgrading, or just watching the market, I’m here to help you navigate it with confidence.
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📞 Call/Text: (236)-885-4669
📧 Email: contact@fartash.ca
🌐 Website: fartash.ca
📍 Serving Coquitlam, Port Coquitlam, Port Moody & beyond!
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Let’s schedule a showing or a free home value estimate—whatever your needs, let’s talk strategy.
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DISCLAIMER:All statistics and market data in this newsletter are sourced from the May 2025 Greater Vancouver REALTORS® (GVR) Market Report. Figures are deemed reliable but not guaranteed.
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