vancouverwest DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2022
▼ 7% VS 2022
▼ 29% VS 2022
▲ 4% VS 2022
Therewere479 detached listingsin VancouverW estin April,2% below M arch and 29% lowerthan April2022. A prildetached hom esalesdecreased by 1.0% m onth-over-m onth,to 95,and were4% aboveApril 2022. Thesales-to-listing ratio fordetached in VancouverW est, at20% ,reflected abalanced m arket.
THISMONTH No. $4,050,379 $3,486,000 20% 95 479
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$4,405,979 $3,768,000 13% 91 675
-8% -7% 47% 4% -29%
$4,033,879 $3,480,000 20% 96 491
-1% -2%
Thedetachedm edian pricein Aprilwas$3,486,000,a 0.2% increasefrom M arch and 7% below April2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
0.4% 0.2% 1.4%
Theaveragesold pricewas$4,050,379,0.4% abovelast m onth and down 8% toApril2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
657
648
675
709
701
665
566
2.49
589
498 491
2.31
479
490
2.12
466
1.93
1.80
1.62
96
83
73
69
66
57
52
52
95
91
47
40
25
$3.77M
$3.49M $3.44M $3.46M
$3.47M
$3.43M $3.36M $3.48M $3.49M
$3.10M $3.19M $3.21M
$3.05M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
400
83%
300
70%
200
37%
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-L RATIO SALES INVENTORY
6 5 83%
10 7 70%
38 14 37%
425 69 16%
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