vancouverwest CONDO -JULY 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2021
▲ 5% VS 2021
▼ 8% VS 2021
▼ 29% VS 2021
Therewere594 condolistingsin VancouverW estin July, 4% below Juneand 8% lowerthan July2021.
Julycondosalesincreased by1.4% m onth-over-m onth,to 144,and were29% below July2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 32% 204 646
% Change
No. 23% 142 621
% Change
Thesales-to-listing ratio forcondosin VancouverW est, at24% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
24% 144 594
-23% -29% -8%
-4% -5% -3% 6% 1.4% -4%
Thecondom edian pricein Julywas$859,000,a3% decreasefrom Juneand 5% aboveJuly2021. Theaveragesold pricewas$965,468,5% below last m onth;theaveragePSF salepricewas$1,089,down 4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,089 $965,468 $859,000
$1,131 $1,012,653 $884,000
$1,057 $887,880 $816,500
3% 9% 5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
621
653
646
565
594
552
602
597
513
427
475
446
398
276
213
209
208
195
204
217
214
144
179
167
145
142
$879K $908K $858K $884K $859K
$865K $899K $890K $923K
$842K $860K
$817K $787K
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
140
120
4+ bdrms
5
100
11
80
3 bdrms
92
46%
60
41%
33%
40
27%
71
2 bdrms
321
20
10% 12%
4%
0
62
<$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
0 1 n/a
26 12 46%
109 45 41%
132 35 27%
90 30 33%
92 9 10%
78 9 12%
4%
176
67 3
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