vancouverregion CONDO -JULY 202
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 11% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2021
▲ 10% VS 2021
▼ 1.2% VS 2021
▼ 36% VS 2021
Therewere5,559 condolistingsin theVancouverRegion in July,-1.5% below Juneand 1.2% lowerthan July2021.
Julycondosalesdecreased by18% m onth-over-m onth,to 1,421,and were36% below July2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the Vancouver Region,at26% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
1,421 5,559
2,234 5,628
-36% -36% -1.2%
1,734 5,645
-1.6% -0.1% -1.5% -17% -18% -1.5%
Thecondom edian pricein Julywas$640,000,a1.5% decreasefrom Juneand 10% aboveJuly2021. Theaveragesold pricewas$736,021,0.1% below last m onth;theaveragePSF salepricewas$850,down 1.6% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$850 $736,021 $640,000 26%
$764 $647,379 $583,000 40%
$864 $736,453 $650,000 31%
11% 14% 10%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
5,367
5,302
5,628
5,559
5,645
5,103
4,076
4,072
4,681
4,617
3,620
3,16
2,441
2,363
2,966
2,230
2,769
2,056
2,234
2,382
2,246
2,192
2,007
1,421
1,731
1,734
$680K $666K $650K $640K
$671K $695K $685K
$590K $598K $608K $620K $628K
$583K
VANCOUVERREGION REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
45 1
1500
4+ bdrms
1000
80
3 bdrms
603
39%
29%
500
786
24%
22% 22%
2 bdrms
3,135
10% 8%
5%
0
554
<$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
249 61 24%
1,340 517 39%
1,620 474 29%
881 194 22%
432 96 22%
327 32 10%
325 27 8%
385 20 5%
1,776
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