vancouverwest CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 26% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,580condolistingsinVancouverWestin September,12%aboveAugustand19%lowerthan September2020. Septembercondosalesdecreasedby5% month-over-month,to418,andwere11%above September2020. Thesales-to-listingratioforcondosinVancouverWest, at26%,reflectedaselers'market. ThecondomedianpriceinSeptemberwas$790,500,a 2%increasefromAugustand7%aboveSeptember2020. Theaveragesoldpricewas$952,373,1.1%belowlast month;theaveragePSFsalepricewas$1,113,down 1.3%tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 5% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 0.1% VS2020
▲ 7% VS2020
▼ 19% VS2020
▲ 11% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
26% 418 1,580
19% 378 1,955
5% 0.2% 7% 37% 11% -19%
31% 441 1,417
-1.3% -1.1% 2% -15% -5% 12%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,113 $952,373 $790,500
$1,128 $962,732 $775,000
$1,061 $950,779 $740,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,955
1,762
1,935
1,664
1,552
1,529
1,580
1,588
1,299
1,417
1,352
1,309
1,280
625
515
441
365
359
418
508
378
443
427
422
314
282
$818K
$791K
$780K
$770K
$775K
$775K
$760K
$757K
$765K
$753K
$740K
$743K
$735K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
4+bdrms
17
250
200
64%
22
3bdrms
54%
223
150
45%
33%
100
176
2bdrms
20% 17%
818
50
12%
6%
0
220
<$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
14 9 64%
125 67 54%
305 137 45%
295 97 33%
206 41 20%
168 28 17%
181 22 12%
286 17 6%
522
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 43 ●
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