CONDO JANUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE 1.8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
SELLER’S 27 %
11 % UP
29 % UP
27 % UP
Condo listings in Vancouver East decreased 10% month-over-month (to 372) while January’s listings were up 29% year-over-year. Condo sales decreased 33% from December (to 99) but were up 27% vs last year. The sales-to-listings ratio decreased to 27%, as Vancouver East’s condo segment remained in sell- er’s market territory. January’s condo benchmark price was $595,800, 0.1% higher month-over-month and 1.8% above this time last year. The average sold price was $680,178, an 8% increase from last month, with an average PSF sales price of $870, 5% above last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 413 148 36%
% Change
No. 288
% Change
TOTAL LISTINGS
372
-10% -33% -26%
29% 27%
TOTAL SALES
99
78
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27%
27%
-1.7% 1.8%
$595,800 $595,300 $680,178 $632,053
0.1% $585,200 8% $614,710
11%
$870
$830
5%
$839
4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$585,200 $602,100 $595,300 $590,300 $596,900 $585,900 $595,800
643
602
552
395
372
360
288
197
160
156
137
99
78
76
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
8
3+ bdrms
40
SELLER'S MARKET
37
BALANCED
2 bdrms
BUYER'S MARKET
172
54
<2 bdrms
. . . . 0 0 0 0 QD QD
160
S-L RATIO SALES INVENTORY
Copyright © 2021 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 February 3, 2021. All data from Real Estate Board of 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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