vancouverwest CONDO-DECEMBER 2021
SALESTO LISTINGSRATIO 34% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,007condolistingsinVancouverWestin December,25%belowNovemberand26%lowerthan December2020. Decembercondosalesdecreasedby28% month-over-month,to346,andwere4%below December2020. Thesales-to-listingratioforcondosinVancouverWest, at34%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$858,950,a 8%increasefromNovemberand16%aboveDecember 2020. Theaveragesoldpricewas$966,184,3%abovelast month;theaveragePSFsalepricewas$1,102,down 0.6%tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 8% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2020
▲ 16% VS2020
▼ 26% VS2020
▼ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
34% 346 1,007
27% 359 1,352
16% 29% -4% -26%
36% 482 1,334
-0.6% 3% 8% -5% -28% -25%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,102 $966,184 $858,950
$1,109 $941,323 $795,000
$1,018 $897,748 $742,500
8% 8%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,580
1,664
1,552
1,529
1,500
1,588
1,334
1,352
1,417
1,309
1,299
1,280
1,007
625
515
482
441
508
359
346
443
427
422
417 420
282
$859K
$829K
$818K
$795K
$790K
$775K
$780K
$775K
$765K
$770K
$757K
$743K
$735K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
250
4
4+bdrms
14
200
83%
73%
23
150
58%
3bdrms
172
46% 45%
100
167
25%
2bdrms
50
524
12%
5%
0
152
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
12 7 58%
53 44 83%
139 102 73%
171 79 46%
125 56 45%
106 27 25%
156 19 12%
245 12 5%
297
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