vancouverwest DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2022
▼ 8% VS 2022
▼ 20% VS 2022
▲ 9% VS 2022
Therewere558 detached listingsin VancouverW estin June,8% aboveM ayand 20% lowerthan June2022.
Junedetached hom esalesdecreased by32% m onth-over-m onth,to75,and were9% aboveJune2022.
THISMONTH No. $4,077,022 $3,150,000 13% 75 558
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 21% 110 516
% Change
Thesales-to-listing ratio fordetached in VancouverW est, at13% ,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
$3,856,128 $3,436,000 10% 69 701
6% -8% 37% 9% -20%
-0.6% -14% -37% -32% 8%
Thedetachedm edian pricein Junewas$3,150,000,a 14% decreasefrom M ayand 8% below June2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$4,077,022,0.6% below last m onth and up 6% toJune2022.
$4,101,895 $3,670,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
701
657
648
665
566
2.55
558
589
498
491
2.41
516
490
479
466
1.851.87
1.69
1.53
10
96
73
66
57
52
52
47
40
75
69
25
94
$3.48M $3.50M $3.67M
$3.44M $3.46M
$3.47M
$3.43M $3.36M
$3.19M $3.21M
$3.15M
$3.10M
$3.05M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
100%
100%+
90%
400
300
200
30%
100
9%
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
0 1 n/a
1 1 100%
3 4 133%
10 9 90%
47 14 30%
497 46 9%
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