vancouverwest DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 17% VS2020
▲ 8% VS2020
▲ 60% VS2020
▲ 49% VS2020
Therewere772detachedlistingsinVancouverWestin June,4%aboveMayand60%higherthanJune2020. Junedetachedhomesalesdecreasedby1.7% month-over-month,to115,andwere49%aboveJune 2020. Thesales-to-listingratiofordetachedinVancouverWest, at15%,reflectedabalancedmarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 16% 117 745
%Change
TOTALLISTINGS TOTALSALES
15% 115 772
$3,411,701 $3,120,000 16% 77 484
17% 8% -6% 49% 60%
-4% -6% -5% -1.7% 4%
ThedetachedmedianpriceinJunewas$3,360,000,a6% decreasefromMayand8%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$3,978,773,4%belowlast monthanddown17%toJune2020.
$4,124,126 $3,580,000
$3,978,773 $3,360,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
772
745
593
572
573
2.55
540
638
2.47
2.46
530
525
484
439
415
41
1.88
1.69
1.70
143
140
10
103
91
85
67
15
77
17
95
88
77
$3.58M
$3.52M
$3.36M
$3.30M
$3.30M
$3.23M
$3.23M
$3.12M
$3.05M
$3.03M
$3.03M
$2.97M
$2.86M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
700
600
500
75%
400
300
42%
200
24%
100
11%
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
1 0 n/a
2 0 n/a
1 0 n/a
12 9 75%
38 16 42%
79 19 24%
639 71 11%
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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