vancouverregion CONDO-JANUARY 202
SALESTO LISTINGSRATIO 59% SELLERS'MARKET
▶ MARKETSUMMARY Therewere2,965condolistingsintheVancouverRegion inJanuary,7%aboveDecemberand47%lowerthan January2021. Januarycondosalesdecreasedby13% month-over-month,to1,740,andwere12%above January2021. Thesales-to-listingratioforcondosintheVancouver Region,at59%,reflectedaselers'market. ThecondomedianpriceinJanuarywas$670,400,a7% changefromDecemberand24%aboveJanuary2021. Theaveragesoldpricewas$750,543,7%abovelast month;theaveragePSFsalepricewas$875,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 20% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2021
▲ 24% VS2021
▼ 47% VS2021
▲ 12% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,740 2,965
1,560 5,595
20% 19% 24% 110% 12% -47%
2,009 2,768
-19% -13% 7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$875 $750,543 $670,400 59%
$726 $628,823 $542,000 28%
$824 $703,450 $627,500 73%
6% 7% 7%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
5,628
5,302
6,001 6,051
5,595
5,830
5,402
5,355
5,103
4,071
4,616
3,507
2,829
2,965
2,441
2,363
2,980
2,230
2,768
2,435
2,402
2,234
2,193
2,009 1,740
1,560
$670K
$628K
$620K
$608K
$598K
$588K
$590K
$585K
$583K
$574K
$575K
$550K
$542K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
700
9
4+bdrms
600
91% 88%
33
500
68%
106
400
3bdrms
402
46%
300
32%
200
1,013
22%
2bdrms
16%
1,589
100
8%
0
612
<$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
162 75 46%
578 525 91%
691 605 88%
480 328 68%
301 96 32%
225 50 22%
232 37 16%
296 24 8%
941
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