westvancouver DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 6% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 15% VS 2022
▲ 14% VS 2022
▼ 5% VS 2022
▼ 16% VS 2022
Therewere422 detached listingsin W estVancouverin June,11% aboveM ayand 5% lowerthan June2022. Junedetached hom esalesdecreased by34% m onth-over-m onth,to27,and were16% below June 2022. Thesales-to-listing ratio fordetached in W estVancouver, at6% ,reflected abuyers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 7% 32 445
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
6% 27 422
15% 14% -11% -16% -5%
$3,395,634 $2,870,000 11% 41 379
25% 21% -41% -34% 11%
Thedetachedm edian pricein Junewas$3,480,000,a 21% increasefrom M ayand 14% aboveJune2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$4,252,970,25% abovelast m onth and up 15% toJune2022.
$4,252,970 $3,480,000
$3,711,176 $3,063,500
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
445
417
422
387
436
379
427
419
2.14
303
332
305
298
276
1.65
1.63
1.541.56
1.51
47
40
41
29 28
27
26
26
17 25 17
32
27
$3.50M
$3.48M
$3.06M
$3.09M
$2.88M $2.79M $2.70M
$2.87M
$2.70M $2.75M $2.87M $2.89M
$2.60M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
300
250
200
50%
150
100
20%
14%
50
6%
1%
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
2 1 50%
5 1 20%
28 4 14%
72 1 1%
315 20 6%
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