vancouverwest CONDO -MAY 202
SALES TO LISTINGSRATIO 36% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 13% VS 2021
▲ 7% VS 2021
▼ 20% VS 2021
▼ 20% VS 2021
Therewere551 condolistingsin VancouverW estin M ay, 7% aboveApriland 20% lowerthan M ay2021.
M aycondosalesdecreased by7% m onth-over-m onth,to 201,and were20% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 36% 251 693
% Change
No. 42% 217 513
% Change
Thesales-to-listing ratio forcondosin VancouverW est, at36% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
36% 201 551
8% 13% 7% 0.7% -20% -20%
-4% 0% -4% -14% -7% 7%
Thecondom edian pricein M aywas$868,000,a4% decreasefrom Apriland 7% aboveM ay2021. Theaveragesold pricewas$1,029,217,0.0% below last m onth;theaveragePSF salepricewas$1,142,down 4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,142 $1,029,217 $868,000
$1,193 $1,029,565 $908,242
$1,059 $909,403 $815,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
653
693
697
602
646
552
597
551
427
513
475
446
398
276
236
251
208
209
195
201
217
214
204
179
167
145
$923K $879K $908K $868K
$860K $865K $899K $890K
$815K $806K $817K $787K $842K
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
100%+
4+ bdrms
4
100
80
67%
15
3 bdrms
90
60
39%
35%
40
92
23%
2 bdrms
15% 15%
306
20
0
94
<$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
2 0 n/a
23 25 109%
86 58 67%
121 47 39%
80 28 35%
91 21 23%
80 12 15%
68 10 15%
151
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