westvancouver CONDO -JUNE 2023
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.1% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▼ 21% VS 2022
▲ 5% VS 2022
▲ 10% VS 2022
Therewere100 condolistingsin W estVancouverin June,8% aboveM ayand 5% higherthan June2022.
Junecondo salesdecreased by24% m onth-over-m onth, to22,and were10% aboveJune2022.
THISMONTH No. $1,075 $1,314,704 $987,000 22% 22 100
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin W estVancouver, at22% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
20 95
0.1% -4% -21% 5% 10% 5%
29 93
-18% -29% -24% 8%
Thecondom edian pricein Junewas$987,000,a18% decreasefrom M ayand 21% below June2022. Theaveragesold pricewas$1,314,704,7% below last m onth;theaveragePSF salepricewas$1,075,down 5% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,073 $1,375,500 $1,242,500 21%
$1,137 $1,412,669 $1,200,000 31%
-5% -7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
99
97
96
107
100
103
95
93
88
88
85
73
29
22
21
16
22
20
10
9 9
19
13
10
1
$1.45M
$1.40M
$1.24M $1.17M
$1.20M
$1.20M
$1.18M
$1.05M $994K
$987K
$948K $930K
$854K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
30
4+ bdrms
90%
25
20
2
3 bdrms
17
15
33%
10
29%
27%
15
2 bdrms
14%
57
5
8% 10%
0
5
<$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
3 1 33%
7 2 29%
10 9 90%
14 2 14%
11 3 27%
24 2 8%
31 3 10%
26
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