greatervancouverboard area CONDO -JULY 202
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 9% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2021
▲ 7% VS 2021
▼ 4% VS 2021
▼ 37% VS 2021
Therewere4,269 condolistingsin theG reater Vancouverboard areain July,-1.4% below Juneand 4% lowerthan July2021. Julycondosalesdecreased by20% m onth-over-m onth,to 1,064,and were37% below July2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the G reater Vancouverboard area,at25% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,064 4,269
1,678 4,465
9% 12% 7% -34% -37% -4%
1,326 4,331
-0.1% 1.5% -0.8% -19% -20% -1.4%
Thecondom edian pricein Julywas$692,750,a0.8% decreasefrom Juneand 7% aboveJuly2021. Theaveragesold pricewas$796,661,1.5% abovelast m onth;theaveragePSF salepricewas$914,down 0.1% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$914 $796,661 $692,750 25%
$841 $708,220 $649,900 38%
$916 $785,208 $698,000 31%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,397
4,465
4,136
4,269
4,331
4,166
3,412
3,838
3,684
3,227
2,313
2,856
2,546
1,863
2,396
1,808
1,827
1,605
1,678
1,694
1,632 1,630
1,464
1,064
1,315
1,326
$735K $716K $698K $693K
$725K $735K $740K
$650K $645K $655K $655K $668K $680K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
43 1
4+ bdrms
1000
800
62
3 bdrms
510
600
43%
32%
400
575
23% 22%
2 bdrms
20%
2,318
200
9% 8%
5%
0
426
<$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
115 23 20%
679 292 43%
1,236 401 32%
817 184 23%
404 88 22%
317 30 9%
320 26 8%
381 20 5%
1,398
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