vancouvereast TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 18% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2022
▲ 17% VS 2022
▼ 23% VS 2022
▼ 15% VS 2022
Therewere68 townhom elistingsin VancouverEastin August,6% below Julyand 23% lowerthan August2022. Augusttownhom esalesdecreased by43% m onth-over-m onth,to17,and were15% below August 2022. Thesales-to-listing ratio fortow nhom esin Vancouver East,at25% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$1,118,500,a 13% decreasefrom Julyand 17% aboveAugust2022. Theaveragesold pricewas$1,121,449,12% below last m onth;theaveragePSF salepricewas$871,down 8% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
17 68
20 88
18% 14% 17% 10% -15% -23%
30 72
-8% -12% -13% -40% -43% -6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$871 $1,121,449 $1,118,500 25%
$736 $984,124 $958,450 23%
$950 $1,268,946 $1,287,500 42%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
95
84
88
94
82
93
80
77
76
68
73
72
69
38
37
37
30
15
27
20
13
20
7
17
14
9
$1.29M
$1.11M $1.10M $1.18M
$1.12M
$1.09M
$1.05M $1.05M $1.09M
$1.00M
$958K $950K
$899K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
1
4+ bdrms
7
20
67%
10
15
3 bdrms
36
10
32%
6
26%
2 bdrms
23
5
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
3 0 n/a
6 4 67%
25 8 32%
19 5 26%
12 0 n/a
3 0 n/a
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