vancouvereast DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 28% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 11% VS2020
▲ 13% VS2020
▼ 9% VS2020
▼ 20% VS2020
Therewere480detachedlistingsinVancouverEastin September,6%belowAugustand9%lowerthan September2020. Septemberdetachedhomesalesincreasedby35% month-over-month,to136,andwere20%below September2020. Thesales-to-listingratiofordetachedinVancouverEast, at28%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,750,000,a3%decreasefromAugustand13%above September2020. Theaveragesoldpricewas$1,861,212,0.7%abovelast monthandup11%toSeptember2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 32% 170 527
%Change
No. 20% 101 508
%Change
TOTALLISTINGS TOTALSALES
28% 136 480
11% 13% -12% -20% -9%
0.7% -3% 43% 35% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,848,022 $1,800,000
$1,861,212 $1,750,000
$1,670,004 $1,553,150
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
635
684
663
510
1.79
527
566
1.731.73
460
480
1.64
508
481
1.52
1.50
364
360
328
245
221
191
144
130
170
136
154
149
138
134
108
101
$1.85M
$1.80M
$1.77M $1.70M
$1.77M
$1.74M
$1.75M
$1.72M
$1.69M
$1.60M
$1.60M
$1.56M
$1.55M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
140
120
100
73%
80
50%
50%
60
40
22%
13%
20
4%
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
2 0 n/a
4 2 50%
30 22 73%
141 71 50%
115 25 22%
103 13 13%
85 3 4%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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