vancouverdowntown CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 16% BALANCEDM ARKET
▶ MARKETSUMMARY Therewere688 condolistingsin VancouverD owntown in D ecem ber,20% below N ovem berand 13% higherthan D ecem ber2021. D ecem bercondo salesdecreased by 11% m onth-over-m onth,to108,and were39% below D ecem ber2021. Thesales-to-listing ratio forcondosin Vancouver D owntown,at16%,reflected abalanced m arket. Thecondom edian pricein D ecem berwas$780,000,a 9% increasefrom N ovem berand 1.4% below D ecem ber 2021. Theaveragesold pricewas$995,042,11% abovelast m onth;theaveragePSF salepricewas$1,138,up 5% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 1.9% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS2021
▼ 1.4% VS2021
▲ 13% VS2021
▼ 39% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 178 610
%Change
No. 14% 121 862
%Change
TOTALLISTINGS TOTALSALES
16% 108 688
1.9% 5% -1.4% -46% -39% 13%
5% 11% 9% 12% -11% -20%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,138 $995,042 $780,000
$1,079 $899,797 $713,000
$1,117 $944,672 $791,250
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
862
826
907
887
884
879
870
744
81
688
610
663
61
321
277
250
138
125
121
178
216
185
180
108
151
122
$834K $845K $849K $851K
$800K $777K $805K $785K $784K $775K
$791K
$780K
$713K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
4+bdrms
11
150
5
57%
3bdrms
99
100
43%
30%
47
50
2bdrms
18% 17%
369
9% 10%
4%
0
56
<$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
7 3 43%
40 23 58%
99 30 30%
94 17 18%
64 11 17%
77 7 9%
93 9 10%
214 8 4%
209
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