vancouverwest DETACHED-MAY 2021
SALESTO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2020
▲ 13% VS2020
▲ 64% VS2020
▲ 125% VS2020
Therewere745detachedlistingsinVancouverWestin May,17%aboveApriland64%higherthanMay2020. Maydetachedhomesalesdecreasedby16% month-over-month,to117,andwere125%aboveMay 2020. Thesales-to-listingratiofordetachedinVancouverWest, at16%,reflectedabalancedmarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 22% 140 638
%Change
TOTALLISTINGS TOTALSALES
16% 117 745
$3,333,834 $3,174,000 11% 52 454
24% 13% 37% 125% 64%
-28% -16% 17%
ThedetachedmedianpriceinMaywas$3,580,000,a8% increasefromApriland13%aboveMay2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$4,124,126,6%abovelast monthandup24%toMay2020.
$3,906,187 $3,300,000
6% 8%
$4,124,126 $3,580,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
745
593
572
573
2.77
638
540
530
525
2.47
454
2.39
484
439
415
41
1.88
1.69
143
140
10
103
1.55
91
85
77
17
67
52
95
88
77
$3.58M
$3.52M
$3.30M
$3.30M
$3.23M
$3.23M
$3.17M
$3.12M
$3.05M
$3.03M
$3.03M
$2.97M
$2.86M
May-20
Apr-21
May-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
600
500
400
300
50%
37%
200
18%
14%
100
13%
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
2 1 50%
2 0 n/a
16 2 13%
46 17 37%
93 17 18%
586 80 14%
Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
41
Made with FlippingBook - professional solution for displaying marketing and sales documents online