greatervancouverboardarea DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 26% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 14% VS2020
▲ 16% VS2020
▼ 20% VS2020
▼ 27% VS2020
Therewere3,656detachedlistingsintheGreater VancouverboardareainSeptember,0.9%belowAugust and20%lowerthanSeptember2020. Septemberdetachedhomesalesincreasedby1.4% month-over-month,to952,andwere27%below September2020. Thesales-to-listingratiofordetachedintheGreater Vancouverboardarea,at26%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,672,500,a1.4%increasefromAugustand16%above September2020. Theaveragesoldpricewas$1,947,960,2%belowlast monthandup14%toSeptember2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
26% 952 3,656
1,308 4,580
14% 16% -9% -27% -20%
25% 939 3,688
-2% 1.4% 2% 1.4% -0.9%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,712,728 $1,439,048 29%
$1,988,697 $1,650,000
$1,947,960 $1,672,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
4,523
4,741
4,389
4,580
4,237
3,742
3,664
1.85
4,051
1.83
3,656
3,688
1.72
2,905
2,864
1.48
2,762
1,960
1.40
1,652
1.28
1,343
1,265
1,308
1,020
1,423
1,223
952
1,063
1,044
939
739
$1.70M
$1.67M
$1.65M $1.60M
$1.64M
$1.65M
$1.63M
$1.61M
$1.52M
$1.50M
$1.48M
$1.44M
$1.44M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
1400
100%+
1200
1000
67%
62%
800
55%
48%
43%
600
26%
400
15%
200
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+ 1,438 102 7%
S-LRATIO SALES INVENTORY
36 24 67%
31 15 48%
65 40 62%
90 103 114%
284 157 55%
699 301 43%
504 132 26%
509 78 15%
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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