greatervancouverboardarea DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 28% SELLER'SMARKET
▶ MARKETSUMMARY Therewere4,522detachedlistingsintheGreater VancouverboardareainJune,5%belowMayand5% higherthanJune2020. Junedetachedhomesalesdecreasedby11% month-over-month,to1,266,andwere47%aboveJune 2020. Thesales-to-listingratiofordetachedintheGreater Vancouverboardarea,at28%,reflectedaseler'smarket.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2020
▲ 21% VS2020
▲ 5% VS2020
▲ 47% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,266 4,522
20% 862 4,313
22% 21% 40% 47% 5%
1,423 4,740
3% 0.3% -7% -11% -5%
ThedetachedmedianpriceinJunewas$1,635,000,a 0.3%increasefromMayand21%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,983,417 $1,635,000 28%
$1,934,826 $1,630,000 30%
Theaveragesoldpricewas$1,983,417,3%abovelast monthandup22%toJune2020.
$1,624,110 $1,346,550
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
4,740
4,389
4,237
4,522
4,313
4,580
4,540
4,397
3,742
3,664
1.81
1.80
1.70
2,905
2,864
2,762
1.43
1.42
1,960
1.35
1,653
1,308 1,343
1,19
1,020
1,266
1,423
1,223
862
1,098
1,063
739
$1.70M
$1.65M $1.60M
$1.64M
$1.63M
$1.52M
$1.50M
$1.48M
$1.44M
$1.44M
$1.38M
$1.37M
$1.35M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
1600
1400
93%
1200
1000
58%
800
48%
600
39%
38%
400
23%
22%
16%
10%
200
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+ 1,458 149 10%
S-LRATIO SALES INVENTORY
54 12 22%
52 20 38%
117 68 58%
177 165 93%
466 225 48%
998 389 39%
605 140 23%
595 98 16%
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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