vancouvereast CONDO-NOVEMBER 2021
SALESTO LISTINGSRATIO 50% SELLERS'MARKET
▶ MARKETSUMMARY Therewere350condolistingsinVancouverEastin November,5%belowOctoberand37%lowerthan November2020. Novembercondosalesdecreasedby2% month-over-month,to174,andwere8%above November2020. Thesales-to-listingratioforcondosinVancouverEast,at 50%,reflectedaselers'market. ThecondomedianpriceinNovemberwas$641,500,a 3%decreasefromOctoberand11%aboveNovember 2020. Theaveragesoldpricewas$696,046,2%belowlast month;theaveragePSFsalepricewas$895,down1.6% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 6% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 11% VS2020
▲ 11% VS2020
▼ 37% VS2020
▲ 8% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 161 555
%Change
No. 49% 178 367
%Change
TOTALLISTINGS TOTALSALES
50% 174 350
6% 11% 11% 71% 8% -37%
-2% -5%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-1.6% -2% -3% 3%
$895 $696,046 $641,500
$909 $712,011 $662,000
$845 $628,228 $577,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
555
447
427
421
41
382
365
425
404
384
350
373
367
314
224
178
244
150
221
174
161
185
158
155 154
98
$662K
$645K
$642K
$634K
$630K
$630K
$633K
$630K
$622K
$615K
$603K
$600K
$577K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
4+bdrms
80
4
77%
60
9
60%
3bdrms
30
40
38%
36%
81
25%
21%
2bdrms
20
15%
190
0
84
<$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
11 4 36%
94 72 77%
92 55 60%
77 29 38%
38 8 21%
13 2 15%
16 4 25%
9 0 n/a
126
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