vancouverdowntown CONDO -APRIL 2023
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere775 condolistingsin VancouverD owntown in April,0.9% below M arch and 6% lowerthan April 2022. Aprilcondosalesincreased by19% m onth-over-m onth, to185,and were26% below April2022.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2022
▼ 6% VS 2022
▼ 6% VS 2022
▼ 26% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 30% 250 826
% Change
No. 20% 155 782
% Change
Thesales-to-listing ratio forcondosin Vancouver D ow ntow n,at24% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
24% 185 775
-21% -26% -6%
20% 19% -0.9%
Thecondom edian pricein Aprilwas$800,000,a2% decreasefrom M arch and 6% below April2022. Theaveragesold pricewas$1,032,520,10% abovelast m onth;theaveragePSF salepricewas$1,137,up 2% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,137 $1,032,520 $800,000
$1,112 $940,027 $820,000
2% 10% -2%
$1,229 $1,098,969 $850,500
-7% -6% -6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
862
907
782
887
826
884
879
870
775
705
81
713
688
250
155
138
185
124
120
107
216
180
151
122
10
85
$851K
$800K $777K $805K $785K $784K $775K
$780K $790K $769K $820K $800K
$717K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
200
1
4+ bdrms
13
150
10
3 bdrms
55%
102
100
35% 35%
30% 30%
73
50
2 bdrms
373
14%
10%
6%
0
101
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
17 6 35%
60 21 35%
119 65 55%
119 36 30%
76 23 30%
74 10 14%
106 11 10%
204 13 6%
287
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