vancouverwest CONDO-MAY 2021
SALESTO LISTINGSRATIO 32% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 1.3% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 0.9% VS2020
▲ 4% VS2020
▲ 24% VS2020
▲ 188% VS2020
Therewere1,587condolistingsinVancouverWestin May,4%aboveApriland24%higherthanMay2020.
Maycondosalesincreasedby1.4%month-over-month, to515,andwere188%aboveMay2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosinVancouverWest, at32%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
32% 515 1,587
14% 179 1,279
-1.3% -0.9% 4% 132% 188% 24%
33% 508 1,529
-2% -7% -6% -2% 1.4% 4%
ThecondomedianpriceinMaywas$770,000,a6% decreasefromApriland4%aboveMay2020. Theaveragesoldpricewas$906,372,7%belowlast month;theaveragePSFsalepricewas$1,086,down2% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,086 $906,372 $770,000
$1,109 $976,347 $817,500
$1,100 $914,760 $740,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,762
1,955
1,935
1,684
1,810
1,529
1,509
1,587
1,299
1,279
1,352
1,309
1,280
625
515
378 365
359
340
283
508
443
344
314
179
282
$818K
$775K
$770K
$760K
$757K
$765K
$750K
$753K
$740K
$740K
$743K
$735K
$735K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
400
4+bdrms
18
300
77%
23
3bdrms
200
190
47%
34% 36%
215
100
21%
2bdrms
790
14%
7%
7%
0
277
<$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
30 2 7%
133 102 77%
366 173 47%
303 104 34%
167 60 36%
160 33 21%
176 24 14%
252 17 7%
589
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