vancouverdowntown CONDO-JANUARY 202
SALESTO LISTINGSRATIO 31% SELLERS'MARKET
▶ MARKETSUMMARY Therewere610condolistingsinVancouverDowntown inJanuary,0.2%aboveDecemberand15%lowerthan January2021. Januarycondosalesincreasedby6%month-over-month, to188,andwere17%aboveJanuary2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 11% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 5% VS2021
▲ 14% VS2021
▼ 15% VS2021
▲ 17% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 22% 161 717
%Change
No. 29% 178 609
%Change
Thesales-to-listingratioforcondosinVancouver Downtown,at31%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
31% 188 610
11% 5% 14% 37% 17% -15%
8% 9% 5% 5% 6% 0.2%
ThecondomedianpriceinJanuarywas$830,000,a5% changefromDecemberand14%aboveJanuary2021. Theaveragesoldpricewas$1,030,806,9%abovelast month;theaveragePSFsalepricewas$1,208,up8%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,208 $1,030,806 $830,000
$1,117 $944,672 $791,250
$1,091 $981,856 $729,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
927
906
898
967
841
782
895
737
820
717
700
610
609
351
287
264
233
238
218
248
188
231
161
21
191
178
$830K
$791K
$785K
$766K
$764K
$750K
$750K
$747K
$729K
$728K
$729K
$732K
$725K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
1
4+bdrms
9
150
67%
64%
6
3bdrms
100
98
50%
38%
36%
86
50
23%
2bdrms
16%
283
7%
0
95
<$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
8 3 38%
42 28 67%
101 51 50%
72 46 64%
56 20 36%
57 13 23%
88 14 16%
186 13 7%
220
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