vancouverdowntown CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 42% SELLERS'MARKET
▶ MARKETSUMMARY Therewere664condolistingsinVancouverDowntown inFebruary,9%aboveJanuaryand10%lowerthan February2021. Februarycondosalesincreasedby49% month-over-month,to277,andwere20%above February2021. Thesales-to-listingratioforcondosinVancouver Downtown,at42%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$845,000,a 1.6%increasefromJanuaryand16%aboveFebruary 2021. Theaveragesoldpricewas$1,152,784,11%abovelast month;theaveragePSFsalepricewas$1,228,up1.3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 10% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 20% VS2021
▲ 16% VS2021
▼ 10% VS2021
▲ 20% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 31% 231 737
%Change
No. 30% 186 611
%Change
TOTALLISTINGS TOTALSALES
42% 277 664
10% 20% 16% 33% 20% -10%
1.3% 11% 1.6% 37% 49% 9%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,228 $1,152,784 $845,000
$1,212 $1,035,675 $832,000
$1,117 $957,414 $728,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
967
927
906
899
841
783
895
820
737
664
700
61
610
351
287
264
233
238
218
277
248
231
21
191
186
178
$845K
$832K
$785K
$791K
$766K
$764K
$750K
$747K
$750K
$732K
$728K
$725K
$729K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
4+bdrms
92%
11
150
71%
18
3bdrms
99
100
48%
46%
40%
37%
112
50
2bdrms
19%
312
13%
0
147
<$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
5 2 40%
48 23 48%
106 98 92%
79 56 71%
67 31 46%
60 22 37%
102 19 19%
197 26 13%
242
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