vancouvereast DETACHED-NOVEMBER 2021
SALESTO LISTINGSRATIO 32% SELLERS'MARKET
▶ MARKETSUMMARY Therewere390detachedlistingsinVancouverEastin November,8%belowOctoberand15%lowerthan November2020. Novemberdetachedhomesalesdecreasedby8% month-over-month,to126,andwere9%below November2020. Thesales-to-listingratiofordetachedinVancouverEast, at32%,reflectedaselers'market. ThedetachedmedianpriceinNovemberwas $1,884,000,a1.8%increasefromOctoberand21%above November2020. Theaveragesoldpricewas$2,015,296,3%abovelast monthandup21%toNovember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2020
▲ 21% VS2020
▼ 15% VS2020
▼ 9% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 30% 138 460
%Change
No. 32% 137 422
%Change
TOTALLISTINGS TOTALSALES
32% 126 390
21% 21% 8% -9% -15%
-8% -8%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
3% 1.8% -0.5%
$1,952,238 $1,851,000
$2,015,296 $1,884,000
$1,666,438 $1,560,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
635
684 663
1.77
1.74
566
480
1.69
460
1.66
508
1.61
1.60
481
390
422
364
360
328
245
221
191
144
135
137
130
138
126
154
134
108
101
$1.88M
$1.85M
$1.85M
$1.80M
$1.77M $1.70M
$1.77M
$1.75M
$1.74M
$1.72M
$1.69M
$1.60M
$1.56M
Nov-20
Oct-21
Nov-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
100
80
78%
60
40
36%
30%
20
14%
5%
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+
S-LRATIO SALES INVENTORY
4 0 n/a
14 5 36%
94 73 78%
103 31 30%
84 12 14%
91 5 5%
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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