greatervancouverboard area CONDO -OCTOBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2021
▲ 3% VS 2021
▲ 9% VS 2021
▼ 45% VS 2021
Therewere4,199 condolistingsin theG reater Vancouverboard areain O ctober,0.7% aboveSeptem ber and 9% higherthan October2021. O ctobercondosalesincreased by12% m onth-over-m onth,to1,000,and were45% below October2021. Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at24% ,reflected aselers'm arket. Thecondom edian pricein Octoberwas$677,500,a1.1% increasefrom Septem berand 3% aboveO ctober2021. Theaveragesold pricewas$767,207,3% abovelast m onth;theaveragePSF salepricewas$898,down 0.4% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1,000 4,199
1,808 3,838
-49% -45% 9%
21% 894 4,170
-0.4% 3% 1.1% 11% 12% 0.7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$898 $767,207 $677,500 24%
$850 $746,758 $655,000 47%
$902 $748,259 $670,000
6% 3% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,137
4,199
4,333
4,271
4,170
3,838
3,971
3,412
3,685
3,228
2,856
2,313
2,546
2,396
1,863
1,827
1,604
1,808
1,692
1,004
1,464
1,314
1,326
1,000
1,062
894
$725K $735K $740K $735K
$717K $698K $694K $690K $670K $678K
$655K $668K $680K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
40 2
4+ bdrms
1000
800
58
3 bdrms
600
530
44%
34%
400
32%
519
21%
2 bdrms
2,340
14%
200
11%
7%
3%
0
421
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
124 42 34%
676 295 44%
1,162 369 32%
814 170 21%
391 55 14%
320 34 11%
303 21 7%
409 14 3%
1,289
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