vancouverregion TOWNHOME-JUNE 2023
SALES TO LISTINGSRATIO 52% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,836 townhom elistingsin theVancouver Region in June,3% aboveM ayand 26% lowerthan June 2022. Junetownhom esalesincreased by0.2% m onth-over-m onth,to947,and were21% aboveJune 2022. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at52% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$915,000,a 0.9% decreasefrom M ayand 0.5% below June2022. Theaveragesold pricewas$1,003,978,0.4% below last m onth;theaveragePSF salepricewas$664,down 1.1% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.5% VS 2022
▼ 0.5% VS 2022
▼ 26% VS 2022
▲ 21% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
52% 947 1,836
31% 782 2,485
-3% -1.5% -0.5% 64% 21% -26%
53% 945 1,788
-1.1% -0.4% -0.9% -2% 0.2% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$664 $1,003,978 $915,000
$671 $1,007,590 $923,000
$686 $1,019,238 $920,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,485
2,234
2,498
2,162
1,998
2,252
1,788
1,836
1,570
1,588
1,567
1,528
1,506
945
947
757
782
573
548
516
784
479
467
415
340
289
$920K $895K
$923K $915K
$852K $850K $870K $860K $840K $810K
$860K $865K $899K
VancouverRegion REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
600
197
4+ bdrms
500
448
400
509
63% 64%
3 bdrms
56% 58%
300
945
47%
40%
200
34%
229
21%
2 bdrms
100
409
0
12
<$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
30 14 47%
65 41 63%
330 210 64%
582 325 56%
310 180 58%
236 94 40%
188 63 34%
95 20 21%
34
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