vancouverregion CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere4,140 condolistingsin theVancouverRegion in D ecem ber,22% below N ovem berand 49% higherthan D ecem ber2021. D ecem bercondo salesdecreased by 17% m onth-over-m onth,to930,and were54% below D ecem ber2021. Thesales-to-listing ratio forcondosin theVancouver Region,at22% ,reflected aselers'm arket. Thecondom edian pricein D ecem berwas$625,000,a 0% changefrom N ovem berand 0.5% below D ecem ber 2021. Theaveragesold pricewas$701,846,0.4% below last m onth;theaveragePSF salepricewas$815,up 0.2% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 1.1% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.3% VS2021
▼ 0.5% VS2021
▲ 49% VS2021
▼ 54% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
22% 930 4,140
2,007 2,772
-1.1% -0.3% -0.5% -69% -54% 49%
1,122 5,276
-17% -22%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$824 $703,761 $628,000 72%
$813 $704,625 $625,000 21%
0% 6%
$815 $701,846 $625,000
0.2% -0.4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
5,394
5,676
5,276
5,592
5,527
5,500
5,232
4,101
4,704
3,641
4,140
3,16
2,772
2,969
2,055
2,382
2,007
2,242
1,310
1,275
1,122
1,730
1,733
1,418
930
1,173
$672K $695K $685K $680K
$667K $650K $640K $645K $622K $635K $625K $625K
$628K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
30 4
1000
4+bdrms
800
51
3bdrms
600
483
400
34% 34%
27%
529
2bdrms
20%
200
2,364
14%
9% 7%
4%
0
346
<$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
232 79 34%
990 335 34%
1,084 292 27%
650 129 20%
317 43 14%
254 22 9%
252 17 7%
361 13 4%
1,263
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