vancouvereast CONDO -AUGUST 2023
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere332 condolistingsin VancouverEastin August,12% below Julyand 10% lowerthan August 2022. Augustcondosalesincreased by0.8% m onth-over-m onth,to127,and were43% aboveAugust 2022. Thesales-to-listing ratio forcondosin VancouverEast,at 38% ,reflected aselers'm arket. Thecondom edian pricein Augustwas$678,000,a5% decreasefrom Julyand 10% aboveAugust2022. Theaveragesold pricewas$734,685,0.1% below last m onth;theaveragePSF salepricewas$969,down 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2022
▲ 10% VS 2022
▼ 10% VS 2022
▲ 43% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 33% 126 378
% Change
TOTALLISTINGS TOTALSALES
38% 127 332
$932 $674,664 $616,000 24% 89 368
10% 58% 43% -10%
-4% -0.1% -5% 15% 0.8% -12%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$969 $734,685 $678,000
$1,007 $735,174 $713,000
4% 9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
365
358
368
381
334
378
371
316
364
332
354
310
290
161
156
103
127
101 1
126
14
89
84
77
57 57
$748K
$701K $713K $678K
$665K $657K
$616K $613K $655K $616K $650K $645K $610K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
1 1
4+ bdrms
100
80
65%
5
3 bdrms
35
60
49%
40
27%
59
2 bdrms
18%
16% 14%
146
20
0
62
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
2 0 n/a
57 37 65%
119 58 49%
81 22 27%
25 4 16%
22 3 14%
17 3 18%
9 0 n/a
150
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