vancouvereast DETACHED -AUGUST 2023
SALES TO LISTINGSRATIO 19% BALANCEDMARKET
▶ MARKETSUMMARY Therewere437 detached listingsin VancouverEastin August,1.4% below Julyand 15% lowerthan August 2022. Augustdetached hom esalesdecreased by9% m onth-over-m onth,to81,and were37% aboveAugust 2022. Thesales-to-listing ratio fordetached in VancouverEast, at19% ,reflected abalanced m arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 7% VS 2022
▲ 10% VS 2022
▼ 15% VS 2022
▲ 37% VS 2022
THISMONTH No. $2,010,995 $1,950,000 19% 81 437
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,875,847 $1,768,000 11% 59 516
7% 10% 62% 37% -15%
$2,113,005 $2,020,000 20% 89 443
-5% -3% -8% -9% -1.4%
Thedetachedm edian pricein Augustwas$1,950,000,a 3% decreasefrom Julyand 10% aboveAugust2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,010,995,5% below last m onth and up 7% toAugust2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
516
456
448
443
480
41
437
1.84
1.81
1.74
332
390
1.65
360
355
1.57
332
1.56
321
124
93
66
50 39
81
33
95
59
89
75
55
56
$1.95M $2.03M $2.01M $2.02M $1.95M
$1.77M
$1.74M $1.80M
$1.66M $1.71M $1.70M $1.72M $1.60M
22-Aug
23-Jul 23-Aug
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
100%
100
80
60
50%
37%
40
28%
20
12%
8%
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
1 1 100%
2 1 50%
17 2 12%
107 40 37%
105 29 28%
102 8 8%
103 0 n/a
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