vancouverregion DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 48% SELLERS'MARKET
▶ MARKETSUMMARY Therewere3,121detachedlistingsintheVancouver RegioninDecember,25%belowNovemberand29% lowerthanDecember2020. Decemberdetachedhomesalesdecreasedby17% month-over-month,to1,497,andwere25%below December2020. Thesales-to-listingratiofordetachedintheVancouver Region,at48%,reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$1,695,000, a0.5%increasefromNovemberand30%above December2020. Theaveragesoldpricewas$1,972,736,0.4%abovelast monthandup29%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 28% VS2020
▲ 30% VS2020
▼ 28% VS2020
▼ 25% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
1,497 3,121
1,997 4,379
29% 30% 5% -25% -29%
1,797 4,183
0.4% 0.5% 12% -17% -25%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,972,736 $1,695,000 48%
$1,963,988 $1,686,500 43%
$1,528,158 $1,299,000 46%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
7,570
7,109
7,334
5,968
1.94
1.91
5,398
6,238
1.88
5,532
4,183
4,379
4,696
4,502
3,503
4,282
1.44
1.43
2,749
3,121
3,039
1.27
1,881
1,797
1,997
2,418
2,227
1,497
1,899
1,791
1,697
1,489
$1.70M
$1.69M
$1.60M
$1.54M
$1.50M
$1.48M $1.41M
$1.48M
$1.45M
$1.46M
$1.45M
$1.35M
$1.30M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
1400
100%
100%+ 100%+ 100%+
1200
86%
1000
800
46%
600
32%
400
25%
11%
200
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+ 1,388 157 11%
S-LRATIO SALES INVENTORY
76 24 32%
22 19 86%
39 39 100%
72 102 142%
182 275 151%
451 565 125%
443 204 46%
448 112 25%
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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