vancouverwest CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 48% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2021
▲ 24% VS2021
▼ 20% VS2021
▲ 0.9% VS2021
Therewere447condolistingsinVancouverWestin February,5%aboveJanuaryand20%lowerthanFebruary 2021. Februarycondosalesincreasedby48% month-over-month,to214,andwere0.9%above February2021. Thesales-to-listingratioforcondosinVancouverWest, at48%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$922,500,a4% increasefromJanuaryand24%aboveFebruary2021. Theaveragesoldpricewas$1,064,078,6%abovelast month;theaveragePSFsalepricewas$1,167,up1.8%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 38% 212 562
%Change
No. 34% 145 427
%Change
TOTALLISTINGS TOTALSALES
48% 214 447
14% 26% 24% 27% 0.9% -20%
1.8% 6% 4% 41% 48% 5%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,167 $1,064,078 $922,500
$1,146 $1,005,013 $890,000
$1,022 $844,306 $742,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
653
646
697
693
602
688
552
562 609
597
427
447
398
274
251
236
208
209
195
260
212
214
204
179
167
145
$923K
$899K
$890K
$865K
$860K
$839K
$842K
$830K
$815K
$817K
$806K
$787K
$743K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
80
1
100%
4+bdrms
4
77%
60
64%
23
62%
3bdrms
55%
75
40
36%
99
20
21% 23%
2bdrms
238
0
91
<$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
1 1 100%
34 21 62%
75 58 77%
83 46 55%
55 35 64%
69 25 36%
73 15 21%
57 13 23%
130
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