vancouvereast CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 20% BALANCEDM ARKET
▶ MARKETSUMMARY Therewere290 condolistingsin VancouverEastin D ecem ber,21% below N ovem berand 17% higherthan D ecem ber2021. D ecem bercondo salesdecreased by 26% m onth-over-m onth,to57,and were60% below D ecem ber2021. Thesales-to-listing ratio forcondosin VancouverEast,at 20% ,reflected abalanced m arket. Thecondom edian pricein D ecem berwas$650,000,a 6% increasefrom N ovem berand 5% aboveD ecem ber 2021. Theaveragesold pricewas$695,218,5% abovelast m onth;theaveragePSF salepricewas$905,down 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 3% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.1% VS2021
▲ 5% VS2021
▲ 17% VS2021
▼ 60% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 58% 144 247
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$905 $695,218 $650,000 20% 57 290
-3% -0.1% 5% -66% -60% 17%
$937 $663,664 $615,800 21% 77 365
-26% -21%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-3% 5% 6% -7%
$929 $696,251 $616,750
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
381
365
399 392
394
371
319
368
355
240 328
290
275
247
170
191
139
178
144
103
142
101
89
84
57
77
$690K $709K $680K $686K $670K $680K $685K
$617K
$616K $613K $655K $616K $650K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
1
100%+
4+bdrms
80
3
60
4
3bdrms
32
40
34%
24
2bdrms
20
16% 17%
128
10%
8%
0
28
<$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
2 3 150%
67 23 34%
94 15 16%
69 12 17%
30 3 10%
11 0 n/a
12 1 8%
5 0 n/a
127
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