vancouverregion CONDO -MAY 202
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 18% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 19% VS 2021
▲ 17% VS 2021
▼ 12% VS 2021
▼ 34% VS 2021
Therewere5,306 condolistingsin theVancouverRegion in M ay,13% aboveApriland 12% lowerthan M ay2021.
M aycondosalesdecreased by17% m onth-over-m onth, to1,869,and were34% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the Vancouver Region,at35% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,869 5,306
2,829 6,001
18% 19% 17% -25% -34% -12%
2,249 4,680
-1.8% -2% -1% -27% -17% 13%
Thecondom edian pricein M aywas$673,000,a1.0% decreasefrom Apriland 17% aboveM ay2021. Theaveragesold pricewas$763,689,2% below last m onth;theaveragePSF salepricewas$892,down 1.8% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$892 $763,689 $673,000 35%
$756 $640,843 $574,000 47%
$909 $783,176 $680,000 48%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
6,001
5,628
6,051
5,302
5,306
5,103
4,072
4,680
4,617
3,620
4,075
3,16
2,829
2,441
2,363
2,230
2,966
2,769
2,401
2,382
2,249
1,869
2,234
2,192
2,007
1,731
$695K $685K $680K $673K
$628K $671K
$583K $590K $598K $608K $620K
$574K $575K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1600
36 2
1400
4+ bdrms
1200
1000
106
3 bdrms
800
578
48%
42%
600
34%
31%
29%
1,041
400
2 bdrms
19%
15%
3,016
200
8%
0
720
<$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
208 65 31%
1,258 608 48%
1,531 637 42%
871 300 34%
417 122 29%
315 61 19%
316 46 15%
390 30 8%
1,676
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