vancouvereast CONDO -MAY 202
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2021
▲ 6% VS 2021
▼ 10% VS 2021
▼ 29% VS 2021
Therewere402 condolistingsin VancouverEastin M ay, 14% aboveApriland 10% lowerthan M ay2021.
M aycondosalesdecreased by12% m onth-over-m onth, to157,and were29% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 49% 221 447
% Change
No. 50% 178 354
% Change
Thesales-to-listing ratio forcondosin VancouverEast,at 39% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
39% 157 402
-21% -29% -10%
-22% -12% 14%
Thecondom edian pricein M aywas$670,000,a2% decreasefrom Apriland 6% aboveM ay2021. Theaveragesold pricewas$734,891,3% below last m onth;theaveragePSF salepricewas$955,down 2% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$955 $734,891 $670,000
$979 $755,505 $686,000
-2% -3% -2%
$912 $682,274 $632,500
5% 8% 6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
427
447
421
402
425
351
384
327
319
368
354
240
224
275
221
247
178
174
191
157
178
158
155 154
144 142
$690K $709K $680K $686K $670K
$662K $642K $617K
$633K $622K $630K
$600K $645K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
4+ bdrms
3
100
80
5
60%
3 bdrms
41
48%
60
33%
32%
40
28%
27%
78
2 bdrms
193
20
10%
0
74
<$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
12 4 33%
77 46 60%
126 61 48%
106 30 28%
31 10 32%
21 2 10%
15 4 27%
14 0 n/a
165
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