greatervancouverboard area CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.4% VS 2021
▲ 2% VS 2021
▼ 5% VS 2021
▼ 45% VS 2021
Therewere4,169 condolistingsin theG reater Vancouverboard areain Septem ber,5% aboveAugust and 5% lowerthan Septem ber2021. Septem bercondosalesdecreased by11% m onth-over-m onth,to 894,and were45% below Septem ber2021. Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at21% ,reflected aselers'm arket. Thecondom edian pricein Septem berwas$670,000,a 3% decreasefrom Augustand 2% aboveSeptem ber2021. Theaveragesold pricewas$748,259,5% below last m onth;theaveragePSF salepricewas$902,down 1.6% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21% 894 4,169
1,630 4,397
4% 1.4% 2% -42% -45% -5%
1,005 3,970
-1.6% -5% -3% -15% -11% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$870 $737,961 $655,000 37%
$917 $790,204 $690,000 25%
$902 $748,259 $670,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,397
4,137
4,169
4,333 4,270
3,970
3,838 3,412
3,685
3,228
2,856
2,313
2,546
1,863
2,396
1,808 1,827
1,604
1,630
1,692
1,005
1,464
1,315
1,326
894
1,062
$725K $735K $740K $735K
$717K $698K $694K $690K $670K
$655K $655K $668K $680K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
45 1
4+ bdrms
1000
800
41
3 bdrms
600
511
42%
39%
400
28%
473
2 bdrms
19%
2,328
200
13%
7% 7%
3%
0
379
<$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
106 45 42%
673 263 39%
1,153 321 28%
817 158 19%
391 51 13%
311 21 7%
317 22 7%
401 13 3%
1,285
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