vancouverregion CONDO -JUNE 202
SALES TO LISTINGSRATIO 31% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2021
▲ 13% VS 2021
▼ 7% VS 2021
▼ 28% VS 2021
Therewere5,645 condolistingsin theVancouverRegion in June,5% aboveM ayand 7% lowerthan June2021.
Junecondo salesdecreased by16% m onth-over-m onth, to1,736,and were28% below June2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the Vancouver Region,at31% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,736 5,645
2,401 6,051
14% 14% 13% -22% -28% -7%
2,057 5,368
-20% -16% 5%
Thecondom edian pricein Junewas$650,000,a3% decreasefrom M ayand 13% aboveJune2021. Theaveragesold pricewas$736,276,3% below last m onth;theaveragePSF salepricewas$863,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$863 $736,276 $650,000 31%
$756 $644,448 $575,000 40%
$889 $759,053 $667,000 38%
-3% -3% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
6,051
5,628
5,368
5,302
5,645
5,103
4,072
4,076
4,681
4,617
3,620
3,16
2,441
2,363
2,230
2,966
2,057
2,401
2,769
2,382
2,248
2,234
2,192
1,736
2,007
1,731
$685K $680K $667K $650K
$671K $695K
$590K $598K $608K $620K $628K
$575K $583K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
44 4
1500
4+ bdrms
95
1000
3 bdrms
614
45%
37%
30%
500
27%
943
21%
2 bdrms
16%
3,192
11%
6%
0
694
<$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
233 71 30%
1,355 610 45%
1,628 601 37%
908 244 27%
459 98 21%
329 53 16%
334 37 11%
399 22 6%
1,795
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