westvancouver DETACHED -MAY 202
SALES TO LISTINGSRATIO 10% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 6% VS 2021
▼ 10% VS 2021
▼ 28% VS 2021
Therewere419 detached listingsin W estVancouverin M ay,7% aboveApriland 10% lowerthan M ay2021. M ay detached hom esalesdecreased by 20% m onth-over-m onth,to43,and were28% below M ay 2021. Thesales-to-listing ratio fordetached in W estVancouver, at10% ,reflected abuyers'm arket.
THISMONTH No. $4,011,238 $3,300,000 10% 43 419
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$3,413,592 $3,125,000 13% 60 465
18% 6% -20% -28% -10%
$3,776,352 $3,205,000 14% 54 393
-25% -20% 7%
Thedetachedm edian pricein M aywas$3,300,000,a3% increasefrom Apriland 6% aboveM ay2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$4,011,238,6% abovelast m onth and up 18% toM ay2021.
6% 3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
465
436
467
393
419
436
363
414
2.67
403
327
337
296
276
2.12
1.99
1.61
63
61
59
58
54
54
41 41
43
41
60
32
1.33
43
1.28
$3.21M $3.30M
$3.14M $3.04M $2.96M $3.00M
$3.13M $3.15M
$2.90M $2.94M $2.95M
$2.63M $2.70M
May-21
Apr-22
May-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
250
200
150
100
22%
12%
50
9%
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
0 1 n/a
1 0 n/a
1 0 n/a
7 0 n/a
18 4 22%
51 6 12%
341 32 9%
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