vancouverwest TOWNHOME-APRIL 2023
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2022
▲ 0.6% VS 2022
▼ 11% VS 2022
▼ 57% VS 2022
Therewere151 townhom elistingsin VancouverW estin April,22% aboveM arch and 11% lowerthan April2022. Apriltownhom esalesdecreased by26% m onth-over-m onth,to20,and were57% below April 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at13% ,reflected abalanced m arket. Thetownhom em edian pricein Aprilwas$1,644,000,a 17% increasefrom M arch and 0.6% aboveApril2022. Theaveragesold pricewas$1,655,800,13% abovelast m onth;theaveragePSF salepricewas$1,095,down 1.1% tolastm onth.
THISMONTH No. $1,095 $1,655,800 $1,644,000 13% 20 151
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,168 $1,622,307 $1,633,950 27% 46 170
0.6% -51% -57% -11%
$1,108 $1,471,456 $1,400,000 22% 27 124
-1.1% 13% 17% -39% -26% 22%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-6% 2%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169
170 177
151
170
169
156 156
131
124
19
18
51
45
46
31
27
26
24
19
13 12
20
21
20
$1.64M
$1.63M
$1.60M
$1.61M
$1.54M
$1.51M
$1.40M $1.40M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
1
60
4+ bdrms
11
50
8
40
3 bdrms
82
30
33%
11
20
2 bdrms
17%
51
11%
9%
7%
10
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
7
S-L RATIO SALES INVENTORY
6 0 n/a
9 3 33%
11 1 9%
18 2 11%
66 11 17%
7%
41 3
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