vancouverregion DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere5,906 detached listingsin theVancouver Region in N ovem ber,8% below O ctoberand 41% higher than N ovem ber2021. N ovem berdetached hom esalesdecreased by11% m onth-over-m onth,to 804,and were55% below N ovem ber2021. Thesales-to-listing ratio fordetached in the Vancouver Region,at14% ,reflected abalanced m arket. Thedetached m edian pricein N ovem berwas $1,499,950,a2% decreasefrom O ctoberand 11% below N ovem ber2021. Theaveragesold pricewas$1,730,499,6% below last m onth and down 12% toN ovem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 12% VS 2021
▼ 11% VS 2021
▲ 41% VS 2021
▼ 55% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14% 804 5,906
1,794 4,181
-12% -11% -68% -55% 41%
14% 907 6,451
-6% -2% -3% -11% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,957,693 $1,686,075 43%
$1,840,635 $1,538,000
$1,730,499 $1,499,950
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
7,585
7,193
6,803
7,369
6,451
6,952
1.92
5,481
5,906
6,295
1.77
1.74
4,587
4,181
1.47
1.40
1.40
3,318
2,313
3,120 1,489
1,794
1,085
887
907
1,749
1,567
1,282
804
1,146
874
858
$1.83M $1.80M $1.73M $1.85M $1.89M
$1.69M $1.69M
$1.65M $1.60M $1.53M $1.52M $1.54M $1.50M
Nov-21
Oct-22
Nov-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1500
1000
35%
33%
29%
500
22%
20%
14%
14%
6%
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+ 1,657 67 4%
S-L RATIO SALES INVENTORY
136 27 20%
82 24 29%
203 68 33%
366 127 35%
718 156 22%
1,324 189 14%
746 105 14%
674 41 6%
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