vancouverwest DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 22% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▲ 18% VS2020
▲ 42% VS2020
▲ 278% VS2020
Therewere638detachedlistingsinVancouverWestin April,18%aboveMarchand42%higherthanApril2020. Aprildetachedhomesalesdecreasedby2% month-over-month,to140,andwere278%aboveApril 2020. Thesales-to-listingratiofordetachedinVancouverWest, at22%,reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 8% 37 450
%Change
No. 26% 143 540
%Change
TOTALLISTINGS TOTALSALES
22% 140 638
167% 278% 42%
-3% -6% -17% -2% 18%
ThedetachedmedianpriceinAprilwas$3,300,000,a6% decreasefromMarchand18%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$3,906,187,3%belowlast monthanddown16%toApril2020.
$4,044,003 $3,518,000
$3,906,187 $3,300,000
$3,371,715 $2,802,000
16% 18%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
638
573
572 593
540
530
525
2.82
450
484
454
439
2.39
415
41
2.32
1.98
143
1.69
10
103
140
85
77
52
95
91
88
1.34
37
77
67
$3.52M $3.23M $3.30M
$3.30M
$3.23M
$3.17M
$3.12M
$3.05M
$3.03M
$3.03M
$2.97M
$2.86M
$2.80M
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
500
400
300
52%
51%
200
17%
100
16%
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 0 n/a
3 0 n/a
12 2 17%
41 21 51%
71 37 52%
509 80 16%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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