greatervancouverboard area DETACHED -JUNE 202
SALES TO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 4,463 detached listingsin the G reater Vancouverboard areain June,5% aboveM ayand 1.3% lowerthan June2021. Junedetached hom esalesdecreased by17% m onth-over-m onth,to659,and were48% below June 2021. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at15% ,reflected abalanced market. Thedetachedm edian pricein Junewas$1,800,000,a5% decreasefrom M ayand 10% aboveJune2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 7% VS 2021
▲ 10% VS 2021
▼ 1.3% VS 2021
▼ 48% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
15% 659 4,463
1,264 4,523
-47% -48% -1.3%
19% 795 4,236
-21% -17% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,970,962 $1,633,500 28%
Theaveragesold pricewas$2,106,911,7% below last m onth and up 7% toJune2021.
$2,267,798 $1,900,000
-7% -5%
$2,106,911 $1,800,000
7% 10%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,523
4,236
4,463
3,656
4,051
1.84
3,254
1.80
3,714
3,688
1.76
2,875
2,799
3,180
1.48
1.45
1.45
2,21 2,264
1,299
1,092
1,007
1,264
985
1,044
935
950
957
659
793
795
624
$1.99M $2.01M $2.00M $2.00M
$1.90M $1.80M
$1.76M $1.85M $1.85M
$1.63M $1.61M $1.65M $1.67M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1500
1000
35%
500
29%
28%
28%
20%
18%
17%
11%
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+ 1,548 91 6%
S-L RATIO SALES INVENTORY
42 12 29%
45 8 18%
79 22 28%
149 52 35%
377 104 28%
1,008 197 20%
623 106 17%
592 67 11%
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