vancouverregion DETACHED -JUNE 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere7,580 detached listingsin theVancouver Region in June,5% aboveM ayand 7% higherthan June 2021. Junedetached hom esalesdecreased by15% m onth-over-m onth,to1,091,and were51% below June 2021. Thesales-to-listing ratio fordetached in the Vancouver Region,at14% ,reflected abalanced m arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2021
▲ 13% VS 2021
▲ 7% VS 2021
▼ 51% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1,091 7,580
2,226 7,107
10% 13% -54% -51% 7%
1,286 7,193
-19% -15% 5%
Thedetachedm edian pricein Junewas$1,650,000,a4% decreasefrom M ayand 13% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,909,945 $1,650,000 14%
$2,032,071 $1,725,000 18%
$1,743,828 $1,465,000 31%
Theaveragesold pricewas$1,909,945,6% below last m onth and up 10% toJune2021.
-6% -4%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
7,193
7,580
7,107
1.87
1.86
5,481
5,397
6,295
6,236
1.80
5,531
4,587
4,181
4,694
1.45
1.42
1.40
3,318
2,323
3,120
1,879
1,794
2,226
1,899
1,788
1,756
1,697
1,573
1,091
1,492
1,286
1,151
$1.85M $1.89M $1.83M $1.80M
$1.73M $1.65M
$1.60M $1.69M $1.69M
$1.47M $1.45M $1.48M $1.54M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
2000
1500
1000
36%
31%
24%
500
22%
21%
16%
14%
9%
6%
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+ 2,008 111 6%
S-L RATIO SALES INVENTORY
111 34 31%
72 17 24%
183 39 21%
367 132 36%
931 202 22%
1,988 326 16%
1,023 146 14%
897 84 9%
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