vancouvereast DETACHED-APRIL 202
SALESTO LISTINGSRATIO 23% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 13% VS2021
▲ 12% VS2021
▼ 24% VS2021
▼ 50% VS2021
Therewere485detachedlistingsinVancouverEastin April,7%aboveMarchand24%lowerthanApril2021. Aprildetachedhomesalesdecreasedby38% month-over-month,to110,andwere50%belowApril 2021. Thesales-to-listingratiofordetachedinVancouverEast, at23%,reflectedaselers'market.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 35% 221 635
%Change
No. 39% 176 454
%Change
TOTALLISTINGS TOTALSALES
23% 110 485
13% 12% -35% -50% -24%
0.6% -1.1% -41% -38% 7%
ThedetachedmedianpriceinAprilwas$2,065,000,a 1.1%decreasefromMarchand12%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,151,274,0.6%abovelast monthandup13%toApril2021.
$2,137,891 $2,089,000
$2,151,274 $2,065,000
$1,906,821 $1,850,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
684 663
635
1.771.73 1.721.75
1.76
566
480
454
1.67
485
508
409
390
422
332
317
191
221
176
144
135
136
126
154
10
17
101
94
65
$2.09M $2.17M
$2.10M
$2.07M
$1.88M
$1.85M
$1.85M
$1.85M
$1.80M
$1.77M
$1.75M
$1.72M
$1.69M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
160
140
100%
120
100
80
60
33%
33%
29%
40
12%
20
9%
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
0 1 n/a
1 1 100%
9 3 33%
149 43 29%
128 42 33%
95 11 12%
103 9 9%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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