vancouverdowntown CONDO-MARCH 202
SALESTO LISTINGSRATIO 43% SELLERS'MARKET
▶ MARKETSUMMARY Therewere744condolistingsinVancouverDowntown inMarch,12%aboveFebruaryand6%higherthanMarch 2021. Marchcondosalesincreasedby16%month-over-month, to321,andwere9%belowMarch2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2021
▲ 17% VS2021
▲ 6% VS2021
▼ 9% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 50% 351 700
%Change
No. 42% 277 663
%Change
Thesales-to-listingratioforcondosinVancouver Downtown,at43%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
43% 321 744
14% 24% 17% -14% -9% 6%
3% 0.6% 0.5% 3% 16% 12%
ThecondomedianpriceinMarchwas$848,900,a0.5% increasefromFebruaryand17%aboveMarch2021. Theaveragesoldpricewas$1,159,748,0.6%abovelast month;theaveragePSFsalepricewas$1,262,up3%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,262 $1,159,748 $848,900
$1,228 $1,152,784 $845,000
$1,105 $933,687 $725,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
927
967
906
899
841
783
895
820
744
700
663
610 61
351
287
277
264
321
233
238
218
248
21
191
186
178
$849K
$845K
$832K
$785K
$791K
$766K
$764K
$750K
$747K
$750K
$725K
$729K
$732K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
3
4+bdrms
11
150
79%
70%
20
3bdrms
56%
56%
100
89
50%
27%
116
50
23%
2bdrms
15%
353
0
182
<$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
6 3 50%
73 41 56%
119 94 79%
105 73 70%
66 37 56%
71 19 27%
112 26 23%
192 28 15%
291
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