vancouverregion CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere5,245 condolistingsin theVancouverRegion in N ovem ber,5% below O ctoberand 29% higherthan N ovem ber2021. N ovem bercondosalesdecreased by12% m onth-over-m onth,to1,124,and were54% below N ovem ber2021. Thesales-to-listing ratio forcondosin the Vancouver Region,at21% ,reflected aselers'm arket. Thecondom edian pricein N ovem berwas$625,000,a 1.6% decreasefrom O ctoberand 0.8% aboveN ovem ber 2021. Theaveragesold pricewas$704,892,1.3% below last m onth;theaveragePSF salepricewas$813,down 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2021
▲ 0.8% VS 2021
▲ 29% VS 2021
▼ 54% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1,124 5,245
2,441 4,072
0.6% 2% 0.8% -64% -54% 29%
1,275 5,501
-2% -1.3% -1.6% -8% -12% -5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$813 $704,892 $625,000 21%
$808 $690,571 $619,900 60%
$832 $714,001 $635,000 23%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
5,368
5,647
5,245
5,561
5,501
5,473
5,205
4,077
4,072
4,682
3,620
3,16
2,966
2,441
2,769
2,055
2,382
2,244
2,007
1,310
1,275
1,730
1,733
1,124
1,418
1,174
$672K $695K $685K $680K
$667K $650K $640K $645K $621K $635K $625K
$620K $628K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1400
4+ bdrms
1200
41
1000
67
800
3 bdrms
576
600
36%
31%
637
400
24%
2 bdrms
16% 18%
2,996
11%
200
7%
4%
0
420
<$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
283 102 36%
1,303 403 31%
1,434 343 24%
829 135 16%
399 72 18%
294 33 11%
291 21 7%
412 15 4%
1,632
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