vancouvereast CONDO -JUNE 2023
SALES TO LISTINGSRATIO 43% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2022
▲ 3% VS 2022
▼ 7% VS 2022
▲ 12% VS 2022
Therewere364 condolistingsin VancouverEastin June, 3% aboveM ayand 7% lowerthan June2022.
Junecondo salesdecreased by3% m onth-over-m onth,to 156,and were12% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 35% 139 392
% Change
No. 45% 161 354
% Change
Thesales-to-listing ratio forcondosin VancouverEast,at 43% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
43% 156 364
21% 12% -7%
-0.6% -3% -6% -6% -3% 3%
Thecondom edian pricein Junewas$700,600,a6% decreasefrom M ayand 3% aboveJune2022. Theaveragesold pricewas$745,061,3% below last m onth;theaveragePSF salepricewas$1,003,down 0.6% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,003 $745,061 $700,600
$1,009 $770,626 $748,200
$940 $726,896 $680,000
7% 2% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
392
365
358
394
364
334
381
368 371
316
354
310
290
161
156
139
1
103
101
14
101
89
84
77
57 57
$748K $701K
$680K $685K
$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
4+ bdrms
100
3
80%
80
8
63%
3 bdrms
52%
60
45
33% 33%
40
63
2 bdrms
17%
164
13%
20
0
85
<$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
5 4 80%
65 41 63%
118 61 52%
98 32 33%
39 13 33%
15 2 13%
18 3 17%
6 0 n/a
152
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