greatervancouverboard area DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2021
▼ 8% VS 2021
▲ 24% VS 2021
▼ 51% VS 2021
Therew ere 3,574 detached listingsin the G reater Vancouverboard areain N ovem ber,9% below O ctober and 24% higherthan N ovem ber2021. N ovem berdetached hom esalesdecreased by16% m onth-over-m onth,to 486,and were51% below N ovem ber2021. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at14% ,reflected abalanced market. Thedetached m edian pricein N ovem berwas $1,700,000,a0.9% decreasefrom O ctoberand 8% below N ovem ber2021. Theaveragesold pricewas$1,995,427,3% below last m onth and down 8% toN ovem ber2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14% 486 3,574
34% 985 2,875
-60% -51% 24%
15% 580 3,923
-3% -0.9% -8% -16% -9%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,065,246 $1,715,000
$1,995,427 $1,700,000
$2,176,235 $1,850,000
-8% -8%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,463
4,236
4,19
3,923
4,338
4,154
1.85
3,574
3,254
1.79
3,714
1.68
2,875
2,799
1.54
1.54
1.41
2,264
2,21
1,297
1,005
985
580
956
792
794
486
655
621
530
523
532
$2.01M $2.00M $2.00M $1.90M
$1.85M
$1.85M $1.98M
$1.80M $1.74M $1.70M $1.68M $1.72M $1.70M
Nov-21
Oct-22
Nov-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1400
1200
1000
800
600
35%
30%
400
23%
20%
19%
16%
200
11%
8%
5%
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+ 1,285 62 5%
S-L RATIO SALES INVENTORY
46 5 11%
41 8 20%
90 21 23%
149 52 35%
304 90 30%
726 137 19%
471 75 16%
462 36 8%
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