vancouverregion TOWNHOME-APRIL 2023
SALES TO LISTINGSRATIO 49% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,586 townhom elistingsin theVancouver Region in April,1.2% aboveM arch and 23% lowerthan April2022. Apriltownhom esalesincreased by3% m onth-over-m onth,to784,and were13% below April 2022. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at49% ,reflected aselers'm arket. Thetownhom em edian pricein Aprilwas$899,000,a4% increasefrom M arch and 9% below April2022. Theaveragesold pricewas$985,922,4% abovelast m onth;theaveragePSF salepricewas$648,up 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2022
▼ 9% VS 2022
▼ 23% VS 2022
▼ 13% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
49% 784 1,586
44% 902 2,047
-9% -6% -9% 12% -13% -23%
48% 758 1,567
4% 4% 4% 2% 3% 1.2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$648 $985,922 $899,000
$625 $949,144 $865,000
$715 $1,054,212 $985,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,234
2,498
2,485
2,162
2,425
1,998
2,252
2,047
1,567
1,586
1,567
1,527
1,506
782
758
902
784
573
548
516
813
479
467
415
340
289
$985K
$927K $920K $895K
$860K $865K $899K
$852K $850K $870K $860K $840K $810K
VancouverRegion REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
500
174
4+ bdrms
360
400
417
300
62% 60%
58%
3 bdrms
817
46%
200
34%
29%
181
26%
2 bdrms
16%
377
100
0
12
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
32
S-L RATIO SALES INVENTORY
28 8 29%
76 35 46%
292 181 62%
481 290 60%
250 145 58%
202 68 34%
168 43 26%
89 14 16%
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