vancouverregion CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2021
▲ 4% VS 2021
▲ 3% VS 2021
▼ 46% VS 2021
Therewere5,473 condolistingsin theVancouverRegion in Septem ber,5% aboveAugustand 3% higherthan Septem ber2021. Septem bercondosalesdecreased by10% m onth-over-m onth,to1,174,and were46% below Septem ber2021. Thesales-to-listing ratio forcondosin the Vancouver Region,at21% ,reflected aselers'm arket. Thecondom edian pricein Septem berwas$620,950,a 4% decreasefrom Augustand 4% aboveSeptem ber2021. Theaveragesold pricewas$695,092,5% below last m onth;theaveragePSF salepricewas$836,down 3% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1,174 5,473
2,192 5,302
-48% -46% 3%
1,311 5,204
-15% -10% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$836 $695,092 $620,950 21%
$795 $675,481 $598,000 41%
$862 $731,512 $645,000 25%
-3% -5% -4%
5% 3% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
5,368
5,473
5,302
5,647
5,560
5,204
4,077
4,072
4,682
4,617
3,620
3,16
2,441
2,363
2,966
2,769
2,055
2,192
2,382
2,244
2,007
1,31
1,731
1,733
1,174
1,418
$671K $695K $685K $680K
$667K $650K $640K $645K $621K
$598K $608K $620K $628K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1600
47 2
1400
4+ bdrms
1200
1000
59
3 bdrms
800
590
600
33% 32%
634
25%
400
2 bdrms
19%
3,158
13%
200
7% 7%
3%
0
479
<$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
279 93 33%
1,348 433 32%
1,510 370 25%
876 166 19%
410 54 13%
321 22 7%
323 23 7%
406 13 3%
1,678
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