vancouverdowntown CONDO -MAY 202
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2021
▲ 10% VS 2021
▼ 2% VS 2021
▼ 27% VS 2021
Therewere876 condolistingsin VancouverD owntown in M ay,6% aboveApriland 2% lowerthan M ay2021.
M aycondosalesdecreased by22% m onth-over-m onth, to194,and were27% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 264 895
% Change
No. 30% 250 826
% Change
Thesales-to-listing ratio forcondosin Vancouver D ow ntow n,at22% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
22% 194 876
7% 9% 10% -25% -27% -2%
-4% -10% -6% -27% -22% 6%
Thecondom edian pricein M aywas$799,950,a6% decreasefrom Apriland 10% aboveM ay2021. Theaveragesold pricewas$988,384,10% below last m onth;theaveragePSF salepricewas$1,185,down 4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,185 $988,384 $799,950
$1,228 $1,097,969 $850,500
$1,111 $903,489 $729,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
967
927
906
899
895
826
876
783
744
820
663
610 61
321
287
277
233 238
218
264
250
194
21
191
185
178
$849K $851K $800K
$791K $834K $845K
$729K $750K $747K $750K $732K $785K $764K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
4+ bdrms
200
15
150
11
3 bdrms
120
100
41% 39%
35%
31%
66
2 bdrms
50
17%
415
13%
10%
4%
0
117
<$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
16 2 13%
70 29 41%
171 66 39%
108 34 31%
77 27 35%
76 13 17%
124 13 10%
234 10 4%
326
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