vancouverdowntown CONDO -OCTOBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere884 condolistingsin VancouverD owntown in O ctober,1.6% aboveSeptem berand 1.7% lowerthan October2021. O ctobercondosalesincreased by3% m onth-over-m onth, to126,and were40% below October2021.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2021
▼ 1.3% VS 2021
▼ 1.7% VS 2021
▼ 40% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 23% 211 899
% Change
No. 14% 122 870
% Change
Thesales-to-listing ratio forcondosin Vancouver D owntown,at14%,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
14% 126 884
6% 12% -1.3% -39% -40% -1.7%
1% 13% -1.1% 1.6% 3% 1.6%
Thecondom edian pricein Octoberwas$775,000,a1.1% decreasefrom Septem berand 1.3% below O ctober2021. Theaveragesold pricewas$1,089,279,13% abovelast m onth;theaveragePSF salepricewas$1,183,up 1.0% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,183 $1,089,279 $775,000
$1,172 $965,543 $784,000
$1,114 $971,085 $785,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
899
826
884
907
783
887
879
870
744
81
663
610 61
321
287
277
21
250
138
216
185
126
178
180
151
122
$834K $845K $849K $851K
$800K $777K $805K $785K $784K $775K
$785K $764K $791K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
1
4+ bdrms
14
200
7
150
3 bdrms
125
100
32%
47
25%
24%
22%
2 bdrms
17%
50
432
11%
7%
3%
0
71
<$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
17 4 24%
69 22 32%
162 41 25%
112 19 17%
64 14 22%
94 10 11%
120 8 7%
246 8 3%
313
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