vancouverwest DETACHED -SEPTEMBER 202
SALES TO LISTINGSRATIO 8% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere648 detached listingsin VancouverW estin Septem ber,1.4% below Augustand 12% lowerthan Septem ber2021. Septem berdetached hom esalesdecreased by 5% m onth-over-m onth,to54,and were35% below Septem ber2021. Thesales-to-listing ratio fordetached in VancouverW est, at8% ,reflected abuyers'm arket. Thedetached m edian pricein Septem berwas $3,395,000,a11% increasefrom Augustand 8% above Septem ber2021. Theaveragesold pricewas$4,194,269,25% abovelast m onth and up 18% toSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 8% VS 2021
▼ 12% VS 2021
▼ 35% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 9% 57 657
% Change
TOTALLISTINGS TOTALSALES
8% 54 648
$3,567,927 $3,140,000 11% 83 736
18% 8% -26% -35% -12%
-4% -5% -1.4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$3,364,745 $3,050,000
25% 11%
$4,194,269 $3,395,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
709
701
736
675
626
648
675
665 657
2.36
602
2.22
544
2.10
530
507
1.92
1.68
1.52
123
109
102
100
84
69
57
47
83
54
93
78
65
$3.67M $3.55M
$3.66M $3.52M $3.77M
$3.54M $3.44M $3.46M
$3.40M
$3.21M
$3.14M $3.20M
$3.05M
Sep-21
Aug-22
Sep-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
600
500
400
60%
300
200
21%
15%
100
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+
S-L RATIO SALES INVENTORY
5 3 60%
28 6 21%
66 10 15%
549 35 6%
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