vancouvereast CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 37% SELLERS'MARKET
▶ MARKETSUMMARY Therewere420condolistingsinVancouverEastin September,9%aboveAugustand32%lowerthan September2020. Septembercondosalesdecreasedby0.6% month-over-month,to154,andwere22%below September2020. Thesales-to-listingratioforcondosinVancouverEast,at 37%,reflectedaselers'market. ThecondomedianpriceinSeptemberwas$645,000,a 8%increasefromAugustand2%aboveSeptember2020. Theaveragesoldpricewas$679,447,2%abovelast month;theaveragePSFsalepricewas$925,up4%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 0.5% VS2020
▲ 2% VS2020
▼ 32% VS2020
▼ 22% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 32% 198 614
%Change
No. 40% 155 384
%Change
TOTALLISTINGS TOTALSALES
37% 154 420
7% 0.6% 2% 14% -22% -32%
4% 2% 8% -9% -0.6% 9%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$925 $679,447 $645,000
$887 $664,326 $600,000
$864 $675,683 $630,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
614
555
626
447
427
41
382
420
365
425
404
384
373
314
224
244
198
150
221
154
185
175
161
158
155
98
$645K
$630K
$634K
$630K
$630K
$633K
$630K
$622K
$615K
$603K
$600K
$590K
$577K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
100%
4+bdrms
1
100
80
2
3bdrms
37
48%
60
44%
31%
40
27%
74
2bdrms
231
20
11%
7%
0
78
<$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
7 7 100%
124 60 48%
125 55 44%
83 22 27%
46 5 11%
13 4 31%
14 1 7%
8 0 n/a
151
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 40 ●
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