vancouverdowntown CONDO -AUGUST 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY Therewere811 condolistingsin VancouverD owntown in August,8% below Julyand 1.1% lowerthan August 2021. Augustcondosalesdecreased by7% m onth-over-m onth, to140,and were40% below August2021.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2021
▲ 4% VS 2021
▼ 1.1% VS 2021
▼ 40% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 28% 233 820
% Change
No. 17% 151 879
% Change
Thesales-to-listing ratio forcondosin Vancouver D owntown,at17%,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
17% 140 811
-39% -40% -1.1%
-7% -8%
Thecondom edian pricein Augustwas$778,000,a3% decreasefrom Julyand 4% aboveAugust2021. Theaveragesold pricewas$945,531,15% below last m onth;theaveragePSF salepricewas$1,119,down 4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-4% -15% -3% 0.5%
$1,119 $945,531 $778,000
$1,170 $1,107,439 $805,000
$1,175 $1,009,652 $750,000
-5% -6% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
879
927
907
899
783
887
820
81
744
826
663
610 61
321
287
277
238
233
250
216
21
140
185
178
180 151
$834K $845K $849K $851K
$800K $777K $805K $778K
$785K $764K $791K
$750K $732K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
200
4+ bdrms
14
150
6
3 bdrms
110
100
43% 41%
31%
53
25%
2 bdrms
50
18% 17%
405
5% 3%
0
81
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
14 6 43%
59 24 41%
144 45 31%
110 27 25%
72 13 18%
72 12 17%
114 6 5%
226 7 3%
282
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