vancouverdowntown CONDO -JUNE 2023
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2022
▼ 0.2% VS 2022
▼ 4% VS 2022
▲ 4% VS 2022
Therewere869 condolistingsin VancouverD owntown in June,4% aboveM ayand 4% lowerthan June2022.
Junecondo salesdecreased by16% m onth-over-m onth, to187,and were4% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 20% 180 907
% Change
No. 27% 222 836
% Change
Thesales-to-listing ratio forcondosin Vancouver D ow ntow n,at22% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
22% 187 869
8% 4% -4%
-2% -10% -8% -19% -16% 4%
Thecondom edian pricein Junewas$775,000,a8% decreasefrom M ayand 0.2% below June2022. Theaveragesold pricewas$999,991,10% below last m onth;theaveragePSF salepricewas$1,187,down 2% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,187 $999,991 $775,000
$1,215 $1,115,975 $840,000
$1,110 $973,979 $776,500
7% 3% -0.2%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
862
907
836
869
782
884
879
870
705
81
775
713
688
222
155
138
187
180
124
120
107
185
151
122
10
85
$820K $800K $840K
$777K $805K $785K $784K $775K
$780K $790K $769K
$775K
$717K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
200
1
4+ bdrms
13
150
11
3 bdrms
108
49%
100
42%
42%
59
26% 24%
50
2 bdrms
438
9% 8% 7%
0
116
<$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
12 5 42%
53 26 49%
158 66 42%
144 37 26%
91 22 24%
91 8 9%
110 9 8%
210 14 7%
310
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