vancouvereast CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 60% SELLERS'MARKET
▶ MARKETSUMMARY Therewere318condolistingsinVancouverEastin February,16%aboveJanuaryand17%lowerthan February2021. Februarycondosalesincreasedby35% month-over-month,to191,andwere3%aboveFebruary 2021. Thesales-to-listingratioforcondosinVancouverEast,at 60%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$708,800,a3% increasefromJanuaryand18%aboveFebruary2021. Theaveragesoldpricewas$767,296,5%abovelast month;theaveragePSFsalepricewas$1,002,up4%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2021
▲ 18% VS2021
▼ 17% VS2021
▲ 3% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 48% 185 382
%Change
No. 52% 142 275
%Change
TOTALLISTINGS TOTALSALES
60% 191 318
14% 16% 18% 24% 3% -17%
16% 35% 16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,002 $767,296 $708,800
$960 $732,142 $689,950
4% 5% 3%
$882 $662,127 $603,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
427
447
421
425
314 365
382
41
351
384
368
318
224
275
247
244
178
174
221
191
185
158
155 154
144 142
$709K
$690K
$662K
$645K
$642K
$633K
$630K
$630K
$622K
$630K
$617K
$603K
$600K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
1
4+bdrms
3
82%
60
73%
9
58%
3bdrms
38
50%
40
45%
33%
86
20
2bdrms
155
12%
11%
0
95
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
11 5 45%
67 49 73%
83 68 82%
78 39 50%
38 22 58%
17 2 12%
15 5 33%
9 1 11%
122
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