vancouverwest DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 11% BUYERS'MARKET
▶ MARKETSUMMARY Therewere737detachedlistingsinVancouverWestin September,1.2%aboveAugustand24%higherthan September2020. Septemberdetachedhomesalesincreasedby14% month-over-month,to83,andwere19%below September2020. Thesales-to-listingratiofordetachedinVancouverWest, at11%,reflectedabuyers'market. ThedetachedmedianpriceinSeptemberwas $3,140,000,a5%decreasefromAugustand3%below September2020. Theaveragesoldpricewas$3,567,927,6%belowlast monthanddown3%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 3% VS2020
▼ 3% VS2020
▲ 24% VS2020
▼ 19% VS2020
THISMONTH No. $3,567,927 $3,140,000 11% 83 737
PREVIOUSYEAR
PREVIOUSMONTH
No. 17% 103 593
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
-35% -19% 24%
$3,812,533 $3,300,888 10% 73 728
12% 14% 1.2%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-6% -5%
$3,679,198 $3,228,000
-3% -3%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
737
772
745
731
728
2.69
593 573
540
638
525
2.40
2.22
439
41 415
1.92
1.65
143
1.62
140
15
10
85
67
103
83
17
95
92
88
73
$3.58M
$3.52M
$3.36M
$3.30M
$3.30M
$3.30M
$3.23M
$3.23M
$3.20M
$3.14M
$3.03M
$2.97M
$2.86M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
600
500
400
300
46%
31%
31%
200
100
7%
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
3 0 n/a
2 0 n/a
13 4 31%
26 12 46%
68 21 31%
625 46 7%
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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