westvancouver DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.1% VS 2022
▲ 10% VS 2022
▼ 16% VS 2022
▼ 11% VS 2022
Therewere332 detached listingsin W estVancouverin April,9% aboveM arch and 16% lowerthan April2022. A prildetached hom esalesincreased by 18% m onth-over-m onth,to47,and were11% below April 2022. Thesales-to-listing ratio fordetached in W estVancouver, at14% ,reflected abalanced m arket.
THISMONTH No. $3,691,953 $3,500,000 14% 47 332
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$3,733,453 $3,180,000 13% 53 393
-1.1% 10% 5% -11% -16%
$3,696,145 $2,890,400 13% 40 305
-0.1% 21% 8% 18% 9%
Thedetachedm edian pricein Aprilwas$3,500,000,a 21% increasefrom M arch and 10% aboveApril2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$3,691,953,0.1% below last m onth and down 1.1% toApril2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
425
417
445
387
436
427
393
419
2.33
332
303
2.16
305
298
1.97
276
1.35
1.28
45
40
32
29 28
27
53
26
25
26
47
17
17
1.03
$3.50M
$3.18M $3.35M
$3.06M
$3.09M
$2.88M $2.79M $2.70M
$2.70M $2.75M $2.87M $2.89M
$2.60M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
250
200
150
100
35%
22%
17%
50
11%
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
1 0 n/a
1 0 n/a
6 1 17%
23 8 35%
41 9 22%
260 29 11%
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