vancouvereast DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 23% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 13% VS2020
▲ 59% VS2020
▲ 47% VS2020
Therewere663detachedlistingsinVancouverEastin June,3%belowMayand59%higherthanJune2020. Junedetachedhomesalesdecreasedby19% month-over-month,to154,andwere47%aboveJune 2020. Thesales-to-listingratiofordetachedinVancouverEast, at23%,reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 25% 105 418
%Change
No. 28% 191 684
%Change
TOTALLISTINGS TOTALSALES
23% 154 663
13% 13% -8% 47% 59%
-1.7% -3% -17% -19% -3%
ThedetachedmedianpriceinJunewas$1,717,400,a3% decreasefromMayand13%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,834,331,1.7%belowlast monthanddown13%toJune2020.
$1,865,677 $1,770,000
$1,834,331 $1,717,400
$1,621,499 $1,525,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
635
663
684
527
510
1.85
501
460
1.651.68
481
1.63
418
422
1.51
1.51
364
360
328
245
221
191
170
140
130
154
105
149
138
134
16
108
$1.85M
$1.77M $1.70M
$1.77M
$1.74M
$1.72M
$1.62M
$1.62M
$1.60M
$1.60M
$1.56M
$1.55M
$1.53M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
250
200
150
45%
100
34%
33%
50
16%
9%
5%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 0 n/a
6 2 33%
66 30 45%
255 86 34%
133 21 16%
121 11 9%
80 4 5%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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