vancouverwest DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 9% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere566 detached listingsin VancouverW estin N ovem ber,4% below O ctoberand 10% lowerthan N ovem ber2021. N ovem berdetached hom esalesdecreased by29% m onth-over-m onth,to52,and were48% below N ovem ber2021. Thesales-to-listing ratio fordetached in VancouverW est, at9% ,reflected abuyers'm arket. Thedetached m edian pricein N ovem berwas $3,192,500,a3% increasefrom O ctoberand 13% below N ovem ber2021. Theaveragesold pricewas$3,628,456,3% below last m onth and down 14% toN ovem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 14% VS 2021
▼ 13% VS 2021
▼ 10% VS 2021
▼ 48% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 16% 100 626
% Change -14% -13% -42% -48% -10%
No.
% Change
TOTALLISTINGS TOTALSALES
9% 52 566
$3,725,548 $3,103,500 12% 73 589
-26% -29% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
-3% 3%
$3,628,456 $3,192,500
$4,206,943 $3,665,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
675
648
709
626
701
665
657
2.32
566
2.27
602
2.25
589
544
530
507
1.86
1.61
1.56
123
102
83 69
73
100
57
53
47
93
52
78
65
$3.67M $3.55M
$3.66M $3.52M $3.77M
$3.49M $3.44M $3.46M
$3.43M
$3.21M
$3.10M $3.19M
$3.05M
Nov-21
Oct-22
Nov-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
400
300
44%
200
33%
29%
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
1 0 n/a
6 2 33%
16 7 44%
41 12 29%
502 31 6%
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