vancouverregion DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 32% SELLERS'MARKET
▶ MARKETSUMMARY Therewere5,397detachedlistingsintheVancouver RegioninSeptember,2%belowAugustand29%lower thanSeptember2020. Septemberdetachedhomesalesdecreasedby5% month-over-month,to1,701,andwere27%below September2020. Thesales-to-listingratiofordetachedintheVancouver Region,at32%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,537,000,a4%increasefromAugustand24%above September2020. Theaveragesoldpricewas$1,761,105,0.9%abovelast monthandup20%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 20% VS2020
▲ 24% VS2020
▼ 28% VS2020
▼ 27% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,701 5,397
2,338 7,599
20% 24% 2% -27% -29%
1,793 5,531
-3% -5% -2%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,761,105 $1,537,000 32%
$1,745,989 $1,480,000 32%
$1,471,403 $1,240,000 31%
0.9% 4%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
7,569
7,599
7,107
7,015
7,333
5,980
5,968
1.89
1.87
6,236
1.83
5,397
5,531
4,502
3,503
4,379
4,282
1.40
2,751
1.34
2,420
3,039
1,998
2,338
1.21
2,418
2,230
1,701
2,16
1,899
1,793
1,489
$1.54M
$1.50M
$1.48M $1.41M
$1.48M
$1.47M
$1.45M
$1.45M
$1.35M
$1.30M
$1.27M
$1.24M
$1.25M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
2000
99%
1500
70%
62%
1000
49%
49%
43%
26%
500
13%
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+ 1,824 127 7%
S-LRATIO SALES INVENTORY
105 45 43%
51 25 49%
138 96 70%
255 253 99%
575 358 62%
1,067 525 49%
705 181 26%
677 91 13%
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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