vancouverwest DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 1.3% VS2020
▲ 24% VS2020
▲ 21% VS2020
▼ 6% VS2020
Therewere531detachedlistingsinVancouverWestin December,15%belowNovemberand21%higherthan December2020. Decemberdetachedhomesalesdecreasedby20% month-over-month,to80,andwere6%belowDecember 2020. Thesales-to-listingratiofordetachedinVancouverWest, at15%,reflectedabalancedmarket. ThedetachedmedianpriceinDecemberwas$3,550,000, a3%decreasefromNovemberand24%aboveDecember 2020. Theaveragesoldpricewas$3,628,668,14%belowlast monthanddown1.4%toDecember2020.
THISMONTH No. $3,628,668 $3,550,000 15% 80 531
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 16% 100 628
%Change
TOTALLISTINGS TOTALSALES
$3,678,824 $2,855,000 19% 85 439
-1.4% 24% -22% -6% 21%
-14% -3% -5% -20% -15%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$4,206,943 $3,665,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
737
772
745
731
728
628
677
2.44
540
638
2.30
2.30
531
439
2.01
41 415
1.70
1.68
143
140
15
109
100
67
85
80
17
92
88
73
83
$3.67M
$3.58M
$3.55M
$3.52M
$3.36M
$3.30M
$3.30M
$3.30M
$3.23M
$3.20M
$3.20M
$3.14M
$2.86M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
500
100%
400
300
57%
200
37%
100
11%
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
0 1 n/a
2 0 n/a
2 2 100%
14 8 57%
41 15 37%
472 54 11%
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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