vancouverregion DETACHED-APRIL 202
SALESTO LISTINGSRATIO 25% SELLERS'MARKET
▶ MARKETSUMMARY Therewere6,295detachedlistingsintheVancouver RegioninApril,15%aboveMarchand14%lowerthan April2021. Aprildetachedhomesalesdecreasedby32% month-over-month,to1,577,andwere48%belowApril 2021. Thesales-to-listingratiofordetachedintheVancouver Region,at25%,reflectedaselers'market.
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 20% VS2021
▲ 20% VS2021
▼ 14% VS2021
▼ 48% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,577 6,295
3,039 7,331
20% 20% -40% -48% -14%
2,328 5,481
0.9% -1.5% -41% -32% 15%
ThedetachedmedianpriceinAprilwas$1,800,000,a 1.5%decreasefromMarchand20%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,098,705 $1,800,000 25%
$2,080,004 $1,826,500 42%
$1,756,044 $1,500,000 41%
Theaveragesoldpricewas$2,098,705,0.9%abovelast monthandup20%toApril2021.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
7,567
7,107
7,331
6,295
1.92
5,481
5,397
6,236
1.83
1.83
5,531
4,587
4,181
4,694
1.49
1.48
2,748
1.37
3,039
3,318
2,328
3,120
1,879
1,795
2,227
1,577
1,899
1,789
1,759
1,697
1,492
1,152
$1.83M $1.89M
$1.85M
$1.80M
$1.69M
$1.69M
$1.60M
$1.54M
$1.50M
$1.48M
$1.46M
$1.45M
$1.45M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
2000
1500
1000
50%
48%
46%
43%
33%
32%
31%
500
19%
11%
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+ 1,868 201 11%
S-LRATIO SALES INVENTORY
91 39 43%
34 17 50%
96 44 46%
224 108 48%
692 219 32%
1,676 520 31%
850 281 33%
764 148 19%
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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