greatervancouverboardarea DETACHED-JANUARY 202
SALESTO LISTINGSRATIO 28% SELLERS'MARKET
▶ MARKETSUMMARY Therewere2,264detachedlistingsintheGreater VancouverboardareainJanuary,2%aboveDecember and18%lowerthanJanuary2021. Januarydetachedhomesalesdecreasedby21% month-over-month,to626,andwere15%belowJanuary 2021. Thesales-to-listingratiofordetachedintheGreater Vancouverboardarea,at28%,reflectedaselers'market. ThedetachedmedianpriceinJanuarywas$1,990,400,a 8%increasefromDecemberand31%aboveJanuary 2021. Theaveragesoldpricewas$2,308,718,6%abovelast monthandup27%toJanuary2021.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2021
▲ 31% VS2021
▼ 18% VS2021
▼ 15% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
28% 626 2,264
27% 738 2,761
27% 31% 3% -15% -18%
36% 793 2,211
-23% -21% 2%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,174,193 $1,850,000
6% 8%
$2,308,718 $1,990,400
$1,824,182 $1,519,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
4,523
4,739
4,387
3,661
3,656
1.92
4,051
1.90
1.81
3,688
2,875
3,180
2,761
2,905
1.55
1,960
2,264
1.45
1,652
2,21
1.36
1,264
1,093
985
1,422
1,222
738
1,044
936 950
626
793
$1.99M
$1.85M
$1.85M
$1.76M
$1.70M
$1.67M
$1.65M $1.60M
$1.63M
$1.63M
$1.65M
$1.61M
$1.52M
Jan-21
Dec-21
Jan-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
1000
800
64%
64%
57%
600
52%
41%
41%
400
32%
25%
200
9%
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+ 1,067 101 9%
S-LRATIO SALES INVENTORY
22 14 64%
19 6 32%
29 15 52%
40 23 58%
123 50 41%
329 210 64%
301 124 41%
334 83 25%
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
8
Made with FlippingBook - professional solution for displaying marketing and sales documents online