vancouverwest CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY Therewere564 condolistingsin VancouverW estin Septem ber,8% aboveAugustand 14% lowerthan Septem ber2021. Septem bercondosalesdecreased by37% m onth-over-m onth,to92,and were49% below Septem ber2021. Thesales-to-listing ratio forcondosin VancouverW est, at16% ,reflected abalanced m arket. Thecondom edian pricein Septem berwas$843,150,a 0.7% decreasefrom Augustand 0.1% aboveSeptem ber 2021. Theaveragesold pricewas$948,172,3% below last m onth;theaveragePSF salepricewas$1,112,down 3% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2021
▲ 0.1% VS 2021
▼ 14% VS 2021
▼ 49% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 27% 179 653
% Change
No. 28% 145 521
% Change
TOTALLISTINGS TOTALSALES
$1,112 $948,172 $843,150 16% 92 564
0.5% -3% 0.1% -40% -49% -14%
-3% -3% -0.7% -41% -37% 8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,151 $979,301 $849,000
$1,106 $978,047 $842,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
621
653
594
565
552
564
602
521
513
427
475
446
398
276
213
209
195
145
179
217
214
167
145
144
142
92
$923K $879K $908K
$860K $865K $899K $890K
$858K $884K $859K $849K $843K
$842K
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
4+ bdrms
100
6
80
7
3 bdrms
60
87
44%
40
29%
43
23%
2 bdrms
16%
309
20
7%
4% 4%
0
42
<$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
25 11 44%
97 28 29%
118 27 23%
81 13 16%
97 7 7%
77 3 4%
4%
162
69 3
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