greatervancouverboard area CONDO -JUNE 202
SALES TO LISTINGSRATIO 31% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2021
▲ 10% VS 2021
▼ 9% VS 2021
▼ 26% VS 2021
Therewere4,331 condolistingsin theG reater Vancouverboard areain June,5% aboveM ayand 9% lowerthan June2021. Junecondo salesdecreased by17% m onth-over-m onth, to1,327,and were26% below June2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at31% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,327 4,331
1,785 4,780
10% 11% 10% -18% -26% -9%
1,606 4,137
-21% -17% 5%
Thecondom edian pricein Junewas$698,000,a3% decreasefrom M ayand 10% aboveJune2021. Theaveragesold pricewas$784,997,4% below last m onth;theaveragePSF salepricewas$915,down 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$915 $784,997 $698,000 31%
$834 $705,047 $635,000 37%
$950 $814,132 $716,950 39%
-4% -4% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,780
4,397
4,137
4,331
4,465
4,166
3,412
3,838
3,227
3,684
2,313
2,856
2,546
1,863
1,808 1,827
2,396
1,606
1,785
1,694
1,678 1,632 1,630
1,327
1,464
1,315
$735K $740K $735K $717K $698K
$680K $725K
$635K $650K $645K $655K $655K $668K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
43 4
4+ bdrms
1000
800
77
3 bdrms
54%
523
600
41%
35%
400
27%
700
21%
2 bdrms
16%
2,381
200
10%
6%
0
546
<$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
114 40 35%
677 363 54%
1,221 502 41%
848 226 27%
431 92 21%
316 49 16%
328 33 10%
396 22 6%
1,384
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