greatervancouverboard area CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.9% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2021
▲ 1.9% VS 2021
▲ 18% VS 2021
▼ 53% VS 2021
Therewere4,011 condolistingsin theG reater Vancouverboard areain N ovem ber,4% below O ctober and 18% higherthan N ovem ber2021. N ovem bercondosalesdecreased by15% m onth-over-m onth,to 851,and were53% below N ovem ber2021. Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at21% ,reflected aselers'm arket. Thecondom edian pricein N ovem berwas$680,000,a 0.4% increasefrom O ctoberand 1.9% aboveN ovem ber 2021. Theaveragesold pricewas$766,928,0.0% below last m onth;theaveragePSF salepricewas$880,down 2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21% 851 4,011
1,827 3,412
0.9% 3% 1.9% -60% -53% 18%
24% 998 4,199
0.4% -11% -15% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$872 $744,971 $667,500 54%
$880 $766,928 $680,000
$898 $767,287 $677,500
-2% 0%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,137
4,333 4,271
4,01
4,170 4,199
3,971
3,412
3,685
3,228
2,856
2,313
2,546
2,396
1,863
1,604
1,827
1,692
1,004
998
1,464
1,314
1,326
851
1,062
894
$725K $735K $740K $735K
$717K $698K $694K $690K $670K $678K $680K
$668K $680K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
1000
4+ bdrms
38
800
55
3 bdrms
600
500
39%
400
33%
27%
473
2 bdrms
17% 17%
2,234
200
11%
7%
4%
0
323
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
112 37 33%
642 248 39%
1,111 301 27%
786 130 17%
383 67 17%
288 32 11%
285 21 7%
404 15 4%
1,239
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