greatervancouverboard area DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▼ 6% VS 2022
▼ 14% VS 2022
▼ 15% VS 2022
Therew ere 3,228 detached listingsin the G reater Vancouverboard areain April,5% aboveM arch and 14% lowerthan April2022. A prildetached hom esalesincreased by 10% m onth-over-m onth,to809,and were15% below April 2022. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at25% ,reflected aselers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
25% 809 3,228
26% 956 3,741
-4% -6% -1.9% -15% -14%
24% 734 3,077
1.5% 3% 5% 10% 5%
Thedetachedm edian pricein Aprilwas$1,875,000,a3% increasefrom M arch and 6% below April2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,212,425,1.5% abovelast m onth and down 4% toApril2022.
$2,178,825 $1,813,889
$2,212,425 $1,875,000
$2,305,139 $1,985,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,268
4,499
4,148
3,954
4,375
4,187
3,598
3,741
1.81
1.80
1.79
2,968
3,228
3,077
2,928
1.52
2,801
1.47
1.43
734
956
578
809
490
373
301
796
657
530 524
532
515
$1.99M $1.90M
$1.81M $1.88M $1.71M
$1.80M $1.74M $1.70M $1.68M $1.72M
$1.69M $1.70M $1.58M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1200
1000
800
600
51%
50%
43%
36%
400
28%
25%
20%
200
12%
12%
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+ 1,185 143 12%
S-L RATIO SALES INVENTORY
58 7 12%
35 15 43%
88 22 25%
119 59 50%
235 120 51%
654 233 36%
472 132 28%
382 78 20%
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