vancouverwest CONDO -AUGUST 202
SALES TO LISTINGSRATIO 28% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere521 condolistingsin VancouverW estin August,12% below Julyand 13% lowerthan August 2021. Augustcondosalesincreased by0.7% m onth-over-m onth,to145,and were30% below August 2021. Thesales-to-listing ratio forcondosin VancouverW est, at28% ,reflected aselers'm arket. Thecondom edian pricein Augustwas$849,000,a1.2% decreasefrom Julyand 8% aboveAugust2021. Theaveragesold pricewas$979,301,1.4% abovelast m onth;theaveragePSF salepricewas$1,151,up 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2021
▲ 8% VS 2021
▼ 13% VS 2021
▼ 30% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 35% 208 597
% Change
No. 24% 144 594
% Change
TOTALLISTINGS TOTALSALES
28% 145 521
-20% -30% -13%
6% 1.4% -1.2% 15% 0.7% -12%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,151 $979,301 $849,000
$1,089 $965,468 $859,000
$1,075 $910,173 $786,800
7% 8% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
621
653
602
594
565
597
552
521
513
427
475
446
398
276
213
209
195
208
217
214
145
179
167
145
144
142
$923K $879K $908K
$860K $865K $899K $890K
$858K $884K $859K $849K
$787K $842K
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100%+
100
4+ bdrms
5
80
13
60
3 bdrms
83
44%
38%
40
28%
64
2 bdrms
20
289
13%
9% 8%
0
68
<$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
17 18 106%
96 36 38%
107 47 44%
76 21 28%
86 11 13%
77 7 9%
8%
144
62 5
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