vancouverdowntown CONDO-APRIL 202
SALESTO LISTINGSRATIO 30% SELLERS'MARKET
▶ MARKETSUMMARY Therewere826condolistingsinVancouverDowntown inApril,11%aboveMarchand1.8%lowerthanApril 2021. Aprilcondosalesdecreasedby22%month-over-month, to250,andwere0.8%aboveApril2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 5% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 5% VS2021
▲ 11% VS2021
▼ 1.8% VS2021
▲ 0.8% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 248 841
%Change
No. 43% 321 744
%Change
Thesales-to-listingratioforcondosinVancouver Downtown,at30%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
30% 250 826
5% 5% 11% 3% 0.8% -1.8%
0.2% -30% -22% 11%
ThecondomedianpriceinAprilwas$850,500,a0.2% increasefromMarchand11%aboveApril2021. Theaveragesoldpricewas$1,097,969,5%belowlast month;theaveragePSFsalepricewas$1,228,down3% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,228 $1,097,969 $850,500
$1,262 $1,159,748 $848,900
$1,165 $1,041,041 $766,000
-3% -5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
927
906
899
967
841
783
895
826
744
820
663
610 61
321
287
277
264
233
238
218
250
248
21
191
186
178
$849K
$851K
$845K
$832K
$791K
$785K
$766K
$764K
$750K
$747K
$750K
$729K
$732K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
4+bdrms
13
150
15
3bdrms
105
100
44% 44% 45% 46% 44%
98
25%
50
2bdrms
14% 11%
382
0
137
<$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
9 4 44%
72 32 44%
165 75 45%
108 50 46%
70 31 44%
73 18 25%
118 17 14%
211 23 11%
326
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 44 ●
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