vancouverregion DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere6,758 detached listingsin theVancouver Region in June,11% aboveM ayand 11% lowerthan June 2022. Junedetached hom esalesdecreased by 5% m onth-over-m onth,to1,619,and were49% aboveJune 2022. Thesales-to-listing ratio fordetached in the Vancouver Region,at24% ,reflected aselers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.4% VS 2022
▲ 1.2% VS 2022
▼ 11% VS 2022
▲ 49% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
1,619 6,758
1,083 7,630
0.4% 1.2% 69% 49% -11%
1,698 6,112
-3% -2% -14% -5% 11%
Thedetachedm edian pricein Junewas$1,670,000,a2% decreasefrom M ayand 1.2% aboveJune2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,916,908 $1,670,000 24%
$1,970,579 $1,710,000 28%
$1,908,616 $1,650,000 14%
Theaveragesold pricewas$1,916,908,3% below last m onth and up 0.4% toJune2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
7,630
6,847
7,416
6,495
6,758
6,12
6,997
5,942
1.86
1.83
1.80
4,816
5,226
5,016
4,786
4,553
1.45
1.41
1.39
1,698
1,325
1,619
887
905
803
631
1,083
514
1,398
872
857
836
$1.65M
$1.65M $1.71M $1.67M
$1.60M $1.53M $1.52M $1.54M $1.50M $1.50M
$1.45M $1.55M $1.56M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
2000
1500
1000
42%
41%
38%
33%
31%
29%
26%
500
16%
7%
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+ 1,844 135 7%
S-L RATIO SALES INVENTORY
117 49 42%
63 21 33%
220 63 29%
392 148 38%
787 320 41%
1,637 515 31%
948 249 26%
750 119 16%
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