vancouverwest CONDO-JUNE 2021
SALESTO LISTINGSRATIO 26% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 1.8% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 1.1% VS2020
▲ 3% VS2020
▲ 10% VS2020
▲ 51% VS2020
Therewere1,663condolistingsinVancouverWestin June,5%aboveMayand10%higherthanJune2020.
Junecondosalesdecreasedby17%month-over-month, to428,andwere51%aboveJune2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosinVancouverWest, at26%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
26% 428 1,663
19% 283 1,509
37% 51% 10%
32% 515 1,588
-1.9% 0.9% 0.6% -21% -17% 5%
ThecondomedianpriceinJunewas$775,000,a0.6% increasefromMayand3%aboveJune2020. Theaveragesoldpricewas$914,749,0.9%abovelast month;theaveragePSFsalepricewas$1,065,up1.9%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,065 $914,749 $775,000
$1,086 $906,372 $770,000
$1,085 $925,605 $750,000
-1.9% -1.2% 3%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,762
1,955
1,935
1,684
1,810
1,663
1,529
1,509
1,588
1,299
1,352
1,309
1,280
625
515
378
365
359
340
428
508
443
283
344
314
282
$818K
$775K
$770K
$775K
$760K
$757K
$765K
$750K
$753K
$740K
$743K
$735K
$735K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
400
14 1
4+bdrms
300
24
3bdrms
200
212
50% 48%
38%
30%
187
100
22%
2bdrms
15% 13%
790
6%
0
216
<$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
24 12 50%
148 71 48%
392 149 38%
306 91 30%
183 40 22%
162 25 15%
181 24 13%
267 16 6%
647
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 43 ●
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