vancouvereast DETACHED-JULY 2021
SALESTO LISTINGSRATIO 25% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2020
▲ 4% VS2020
▲ 34% VS2020
▲ 3% VS2020
Therewere566detachedlistingsinVancouverEastin July,15%belowJuneand34%higherthanJuly2020. Julydetachedhomesalesdecreasedby6% month-over-month,to144,andwere3%aboveJuly 2020. Thesales-to-listingratiofordetachedinVancouverEast, at25%,reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 33% 140 422
%Change
No. 23% 154 663
%Change
TOTALLISTINGS TOTALSALES
25% 144 566
8% 4% -23% 3% 34%
-3% -1.7% 10% -6% -15%
ThedetachedmedianpriceinJulywas$1,688,500,a 1.7%decreasefromJuneand4%aboveJuly2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,783,480,3%belowlast monthanddown8%toJuly2020.
$1,834,331 $1,717,400
$1,783,480 $1,688,500
$1,646,782 $1,618,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
635
684
663
527
510
1.78
501
566
460
1.651.68
1.611.65
481
422
1.51
364
360
328
245
221
191
170
130
144
140
154
149
138
134
16
108
$1.85M
$1.77M $1.70M
$1.77M
$1.74M
$1.72M
$1.69M
$1.62M
$1.62M
$1.60M
$1.60M
$1.56M
$1.55M
Jul-20
Jun-21
Jul-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
200
100%+
150
54%
100
37%
22%
50
8%
1%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
1 0 n/a
6 7 117%
48 26 54%
201 75 37%
118 26 22%
113 9 8%
79 1 1%
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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