westvancouver CONDO -MAY 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2021
▲ 1.6% VS 2021
▲ 6% VS 2021
▼ 10% VS 2021
Therewere89 condolistingsin W estVancouverin M ay, 33% aboveApriland 6% higherthan M ay2021.
M aycondosalesincreased by29% m onth-over-m onth,to 18,and were10% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin W estVancouver, at20% ,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
18 89
20 84
1.6% -15% -10% 6%
14 67
-5% -22% -26% -3% 29% 33%
Thecondom edian pricein M aywas$927,500,a26% decreasefrom Apriland 1.6% aboveM ay2021. Theaveragesold pricewas$1,146,306,22% below last m onth;theaveragePSF salepricewas$1,022,down 5% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,022 $1,146,306 $927,500 20%
$1,046 $1,102,800 $912,500 24%
$1,081 $1,464,214 $1,255,000 21%
-2% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
89
82
84
69
57
67
48
57
51
36
46
18 39
21
21
32
20
14
18
20
19
19
19 18
13
9
$1.28M
$1.25M
$1.25M
$1.17M $1.09M
$1.07M
$1.01M
$985K
$928K
$913K
$825K
$755K
$735K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
4+ bdrms
1
86%
20
15
3 bdrms
13
38%
10
10
2 bdrms
19%
18%
5
53
12%
10%
0
8
<$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
7 6 86%
11 2 18%
8 3 38%
10 1 10%
11 0 n/a
16 3 19%
26 3 12%
22
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