greatervancouverboard area CONDO -MAY 202
SALES TO LISTINGSRATIO 36% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 13% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 16% VS 2021
▲ 14% VS 2021
▼ 13% VS 2021
▼ 28% VS 2021
Therewere4,081 condolistingsin theG reater Vancouverboard areain M ay,11% aboveApriland 13% lowerthan M ay2021. M aycondosalesdecreased by14% m onth-over-m onth, to1,466,and were28% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at36% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,466 4,081
2,048 4,714
13% 16% 14% -17% -28% -13%
1,695 3,683
-3% -3% -1.8% -22% -14% 11%
Thecondom edian pricein M aywas$721,950,a1.8% decreasefrom Apriland 14% aboveM ay2021. Theaveragesold pricewas$819,599,3% below last m onth;theaveragePSF salepricewas$954,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$954 $819,599 $721,950 36%
$841 $708,328 $634,500 43%
$979 $841,291 $735,000 46%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,714
4,397
4,780
4,465
4,081
3,683
4,166
3,412
3,838
3,226
2,313
2,856
2,546
1,863
1,827
1,808
2,396
2,048
1,785 1,678
1,466
1,695
1,632 1,630
1,464
1,315
$735K $740K $735K $722K
$680K $725K
$635K $635K $650K $645K $655K $655K $668K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
36 2
1000
4+ bdrms
800
95
3 bdrms
55%
600
491
48%
36%
400
30%
793
26%
2 bdrms
20%
15%
2,253
200
8%
0
576
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
120 31 26%
652 360 55%
1,120 534 48%
810 288 36%
387 118 30%
301 60 20%
305 45 15%
386 30 8%
1,301
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