vancouvereast CONDO-MARCH 202
SALESTO LISTINGSRATIO 73% SELLERS'MARKET
▶ MARKETSUMMARY Therewere327condolistingsinVancouverEastin March,3%aboveFebruaryand10%lowerthanMarch 2021. Marchcondosalesincreasedby26%month-over-month, to240,andwere24%belowMarch2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 12% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 9% VS2021
▲ 8% VS2021
▼ 10% VS2021
▼ 24% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 86% 314 365
%Change
No. 60% 191 319
%Change
Thesales-to-listingratioforcondosinVancouverEast,at 73%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
73% 240 327
12% 9% 8% -15% -24% -10%
23% 26% 3%
ThecondomedianpriceinMarchwas$680,000,a4% decreasefromFebruaryand8%aboveMarch2021. Theaveragesoldpricewas$743,621,3%belowlast month;theaveragePSFsalepricewas$994,down0.8% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$994 $743,621 $680,000
$1,002 $767,296 $708,800
-0.8% -3% -4%
$891 $682,197 $630,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
427
447
421
425
314 365
41
351
384
319
368
327
224
275
240
247
244
178
174
221
191
158 155 154
144
142
$709K
$690K
$680K
$662K
$645K
$642K
$633K
$630K
$630K
$622K
$630K
$617K
$600K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
100%
100%+
96%
4+bdrms
80
69%
60
14
3bdrms
51% 53%
31
40
99
2bdrms
20
163
10%
6%
0
127
<$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
8 8 100%
69 66 96%
91 94 103%
86 44 51%
32 17 53%
13 9 69%
18 1 6%
10 1 10%
133
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