greatervancouverboard area DETACHED -MAY 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 17% VS 2021
▼ 11% VS 2021
▼ 49% VS 2021
Therew ere 4,235 detached listingsin the G reater Vancouverboard areain M ay,14% aboveApriland 11% lowerthan M ay2021. M ay detached hom esalesdecreased by 24% m onth-over-m onth,to726,and were49% below M ay 2021. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at17% ,reflected abalanced market. Thedetachedm edian pricein M aywas$1,910,556,a4% decreasefrom Apriland 17% aboveM ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
17% 726 4,235
1,421 4,739
18% 17% -43% -49% -11%
26% 958 3,714
-1.8% -4% -34% -24% 14%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,934,693 $1,630,000 30%
Theaveragesold pricewas$2,277,673,1.8% below last m onth and up 18% toM ay2021.
$2,319,636 $1,998,500
$2,277,673 $1,910,556
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,523
4,739
4,235
3,656
1.85
4,051
1.81
1.82
3,254 3,714
3,688
2,875
2,799
3,180
1.52
1.45
1.44
2,264
2,21
1,299
1,264
1,421
1,092
1,009
985
1,044
726
958
935
950
793
625
$1.99M $2.01M $2.00M $2.00M $1.91M
$1.76M $1.85M $1.85M
$1.63M $1.63M $1.61M $1.65M $1.67M
May-21
Apr-22
May-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1500
1000
36%
34%
32%
500
29%
29%
22%
22%
13%
8%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+ 1,534 130 8%
S-L RATIO SALES INVENTORY
28 10 36%
28 8 29%
77 26 34%
117 38 32%
328 94 29%
951 212 22%
599 133 22%
573 75 13%
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