greatervancouverboardarea CONDO-JUNE 2021
SALESTO LISTINGSRATIO 37% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 4% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 4% VS2020
▲ 9% VS2020
▼ 8% VS2020
▲ 61% VS2020
Therewere4,782condolistingsintheGreater VancouverboardareainJune,1.4%aboveMayand8% lowerthanJune2020. Junecondosalesdecreasedby13%month-over-month, to1,787,andwere61%aboveJune2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosintheGreater Vancouverboardarea,at37%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
1,787 4,782
1,109 5,222
76% 61% -8%
2,049 4,716
-0.8% -0.5% 0% -14% -13% 1.4%
ThecondomedianpriceinJunewas$635,000,a0 changefromMayand9%aboveJune2020. Theaveragesoldpricewas$705,055,0.5%belowlast month;theaveragePSFsalepricewas$834,down0.8% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$834 $705,055 $635,000 37%
$803 $680,752 $585,000 21%
$842 $708,421 $635,000 43%
4% 4% 9%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
6,145
5,736
6,429
6,275
5,691
5,222
4,716
4,488
4,782
4,441
4,288
4,210
2,691 4,166
2,049
1,596 1,571
1,476
2,287
1,406
1,787
1,767
1,109
1,367
1,338
1,189
$636K
$637K
$635K
$635K
$619K
$608K
$598K
$598K
$590K
$585K
$589K
$588K
$587K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
1400
32 1
1200
4+bdrms
1000
100
800
3bdrms
56%
52%
571
48%
600
400
27%
976
22%
2bdrms
2,649
13% 14%
200
6%
0
710
<$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
216 112 52%
1,136 640 56%
1,326 631 48%
844 229 27%
369 82 22%
295 38 13%
263 36 14%
333 19 6%
1,530
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