vancouverwest DETACHED-APRIL 202
SALESTO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 12% VS2021
▲ 14% VS2021
▲ 6% VS2021
▼ 34% VS2021
Therewere675detachedlistingsinVancouverWestin April,12%aboveMarchand6%higherthanApril2021. Aprildetachedhomesalesdecreasedby25% month-over-month,to93,andwere34%belowApril 2021. Thesales-to-listingratiofordetachedinVancouverWest, at14%,reflectedabalancedmarket.
THISMONTH No. $4,382,195 $3,768,000 14% 93 675
PREVIOUSYEAR
PREVIOUSMONTH
No. 22% 140 635
%Change
No. 21% 124 602
%Change
TOTALLISTINGS TOTALSALES
12% 14% -38% -34% 6%
-33% -25% 12%
ThedetachedmedianpriceinAprilwas$3,768,000,a7% increasefromMarchand14%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$4,382,195,7%abovelast monthandup12%toApril2021.
$4,085,419 $3,507,500
7% 7%
$3,905,973 $3,300,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
736
770
742
729
727
626
675
675
2.38
635
2.31
2.25
602
544
530
507
1.80
1.78
1.65
124
15
109
100
102
140
65
93
17
92
73 83
78
$3.77M
$3.67M
$3.51M $3.66M
$3.58M
$3.55M
$3.36M
$3.30M
$3.30M
$3.20M
$3.20M
$3.21M
$3.14M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
600
500
400
300
38%
200
26%
100
12%
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 0 n/a
7 0 n/a
13 5 38%
74 19 26%
580 68 12%
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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