vancouverregion DETACHED -SEPTEMBER 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY Therewere6,803 detached listingsin theVancouver Region in Septem ber,2% below Augustand 26% higher than Septem ber2021. Septem berdetached hom esalesdecreased by 3% m onth-over-m onth,to 860,and were49% below Septem ber2021. Thesales-to-listing ratio fordetached in the Vancouver Region,at13% ,reflected abalanced m arket. Thedetached m edian pricein Septem berwas $1,522,500,a0.5% decreasefrom Augustand 0.9% below Septem ber2021. Theaveragesold pricewas$1,848,875,4% abovelast m onth and up 5% toSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▼ 0.9% VS 2021
▲ 26% VS 2021
▼ 49% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13% 860 6,803
1,697 5,397
5% -0.9% -60% -49% 26%
13% 888 6,952
-1% -3% -2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,761,337 $1,537,000 31%
$1,780,933 $1,530,000
4% -0.5%
$1,848,875 $1,522,500
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
7,585
7,193
7,369
6,803
6,952
1.84
1.80
1.79
5,481
6,295
5,397
4,587
4,181
4,694
1.44
1.39
1.36
3,318
2,314
3,120 1,489
1,879
1,794
1,697
1,086
888
1,750
1,570
1,283
860
1,147
876
$1.83M $1.80M $1.73M $1.85M $1.89M
$1.65M $1.60M $1.53M $1.52M
$1.60M $1.69M $1.69M
$1.54M
Sep-21
Aug-22
Sep-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
2000
1500
1000
29%
28%
26%
26%
500
19%
15%
9%
8%
4%
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+ 1,835 74 4%
S-L RATIO SALES INVENTORY
141 37 26%
76 20 26%
251 71 28%
430 124 29%
837 163 19%
1,557 232 15%
894 80 9%
782 59 8%
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