greatervancouverboardarea DETACHED-APRIL 202
SALESTO LISTINGSRATIO 26% SELLERS'MARKET
▶ MARKETSUMMARY Therewere3,714detachedlistingsintheGreater VancouverboardareainApril,14%aboveMarchand 15%lowerthanApril2021. Aprildetachedhomesalesdecreasedby26% month-over-month,to959,andwere42%belowApril 2021. Thesales-to-listingratiofordetachedintheGreater Vancouverboardarea,at26%,reflectedaselers'market.
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 17% VS2021
▲ 18% VS2021
▼ 15% VS2021
▼ 42% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
26% 959 3,714
1,652 4,387
17% 18% -31% -42% -15%
1,300 3,254
1.9% -0.1% -35% -26% 14%
ThedetachedmedianpriceinAprilwas$1,999,000,a 0.1%decreasefromMarchand18%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,277,624 $2,000,000 40%
$1,974,888 $1,700,000 38%
Theaveragesoldpricewas$2,319,849,1.9%abovelast monthandup17%toApril2021.
$2,319,849 $1,999,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
4,523
4,739
4,387
3,656
1.87
4,051
3,714
1.82
3,254
3,688
1.74
2,875
2,799
3,180
1.59
1.52
1.46
2,264
2,21
1,652
1,300
1,264
1,092
1,010
985
1,421
959
1,044
935
950
793
625
$2.00M $2.01M
$1.99M
$2.00M
$1.85M
$1.85M
$1.76M
$1.70M
$1.67M
$1.65M
$1.63M
$1.63M
$1.61M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
1600
1400
1200
1000
59%
800
55%
52%
43%
600
38%
38%
35%
400
23%
11%
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+ 1,459 163 11%
S-LRATIO SALES INVENTORY
28 12 43%
22 13 59%
55 30 55%
69 36 52%
271 95 35%
781 295 38%
517 197 38%
512 118 23%
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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