vancouvereast DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 30% SELLERS'MARKET
▶ MARKETSUMMARY Therewere317detachedlistingsinVancouverEastin December,19%belowNovemberand12%lowerthan December2020. Decemberdetachedhomesalesdecreasedby25% month-over-month,to94,andwere28%below December2020. Thesales-to-listingratiofordetachedinVancouverEast, at30%,reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$1,850,000, a1.8%decreasefromNovemberand16%above December2020. Theaveragesoldpricewas$1,971,702,2%belowlast monthandup16%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▲ 16% VS2020
▼ 12% VS2020
▼ 28% VS2020
THISMONTH No. $1,971,702 $1,850,000 30% 94 317
PREVIOUSYEAR
PREVIOUSMONTH
No. 36% 130 360
%Change
No. 32% 126 390
%Change
TOTALLISTINGS TOTALSALES
16% 16% -18% -28% -12%
-2% -1.8% -8% -25% -19%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,015,296 $1,884,000
$1,699,573 $1,596,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
635
684
663
1.85
566
480
1.77
1.72
508
1.66
481
390
1.62
422
1.51
360
364
317
328
245
221
191
144
135 137
126
130
154
134
94
108
101
$1.88M
$1.85M
$1.85M
$1.85M
$1.80M
$1.77M $1.70M
$1.77M
$1.75M
$1.74M
$1.72M
$1.69M
$1.60M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
100%
80
60
50%
40
43%
26%
20
14%
1%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 1 50%
7 3 43%
55 55 100%
87 23 26%
76 11 14%
90 1 1%
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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