vancouverwest CONDO -JUNE 2023
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2022
▲ 3% VS 2022
▼ 17% VS 2022
▲ 43% VS 2022
Therewere516 condolistingsin VancouverW estin June,10% aboveM ayand 17% lowerthan June2022.
Junecondo salesdecreased by10% m onth-over-m onth, to203,and were43% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 23% 142 621
% Change
No. 48% 225 470
% Change
Thesales-to-listing ratio forcondosin VancouverW est, at39% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
39% 203 516
72% 43% -17%
1.1% -18% -10% 10%
Thecondom edian pricein Junewas$910,000,a1.1% increasefrom M ayand 3% aboveJune2022. Theaveragesold pricewas$1,069,966,8% abovelast m onth;theaveragePSF salepricewas$1,174,up 2% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,174 $1,069,966 $910,000
$1,148 $994,921 $900,000
$1,131 $1,012,653 $884,000
4% 6% 3%
2% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
594
621
567
564
548
516
451
521
470
452
446
416
404
225
203
158
145
1
105
142
155
144
96
92
83
63
$884K $859K $849K $843K $856K $880K
$867K $850K $900K $910K
$845K $833K $803K
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
100
4+ bdrms
5
80
65% 63%
12
3 bdrms
60
81
50%
38%
40
102
23%
21%
2 bdrms
20
255
8%
0
89
<$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
2 0 n/a
21 8 38%
110 55 50%
92 60 65%
67 42 63%
87 20 23%
84 7 8%
53 11 21%
175
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