greatervancouverboard area CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere3,165 condolistingsin theG reater Vancouverboard areain D ecem ber,22% below N ovem berand 32% higherthan D ecem ber2021. D ecem bercondo salesdecreased by 16% m onth-over-m onth,to712,and were51% below D ecem ber2021. Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at22% ,reflected aselers'm arket. Thecondom edian pricein D ecem berwas$685,000,a 0.7% increasefrom N ovem berand 0.7% aboveD ecem ber 2021. Theaveragesold pricewas$764,719,0.3% below last m onth;theaveragePSF salepricewas$883,up 0.3% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 0.3% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.5% VS2021
▲ 0.7% VS2021
▲ 32% VS2021
▼ 51% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
22% 712 3,165
1,464 2,399
-0.3% 0.5% 0.7% -63% -51% 32%
21% 849 4,039
0.3% -0.3% 0.7% 7% -16% -22%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$886 $760,685 $680,000 61%
$883 $764,719 $685,000
$881 $766,720 $680,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,160
4,039
4,358 4,298
4,194 4,224
3,996
3,707
3,250
3,165
2,875
2,315
2,399
2,549
1,864
1,604
1,326
1,464
1,692
1,005
998
1,315
1,062
712
893
849
$735K $717K $698K $694K $690K
$725K $735K $740K
$680K
$670K $678K $680K $685K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
800
28 4
4+bdrms
600
41
3bdrms
424
400
43%
33%
31%
398
200
20%
2bdrms
14%
1,768
8% 7%
4%
0
269
<$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
100 33 33%
474 204 43%
823 257 31%
617 124 20%
302 43 14%
248 21 8%
248 17 7%
353 13 4%
945
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