greatervancouverboard area DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therew ere 3,964 detached listingsin the G reater Vancouverboard areain June,11% aboveM ayand 12% lowerthan June2022. Junedetached hom esalesdecreased by18% m onth-over-m onth,to847,and were29% aboveJune 2022. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at21% ,reflected aselers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2022
▲ 3% VS 2022
▼ 12% VS 2022
▲ 29% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21% 847 3,964
15% 657 4,499
46% 29% -12%
1,038 3,579
-1.1% -2% -26% -18% 11%
Thedetachedm edian pricein Junewas$1,860,000,a2% decreasefrom M ayand 3% aboveJune2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,169,599 $1,900,000 29%
Theaveragesold pricewas$2,145,790,1.1% below last m onth and up 2% toJune2022.
$2,145,790 $1,860,000
$2,102,987 $1,800,000
2% 3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,499
4,148
3,954
4,375
3,964
4,187
3,598
1.82
1.77
3,579
2,968
1.71
3,228
3,077
2,928
1.51
2,801
1.48
1.45
1,038
734
578
847
490
657
373
301
807
530
524
532
513
$1.80M $1.74M $1.70M
$1.81M $1.88M $1.90M $1.86M $1.71M
$1.69M $1.70M $1.58M
$1.68M $1.72M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1400
1200
1000
800
42%
600
38%
34%
33%
30%
400
22%
17%
14%
200
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+ 1,424 100 7%
S-L RATIO SALES INVENTORY
53 20 38%
44 6 14%
101 22 22%
145 49 34%
290 122 42%
823 269 33%
575 173 30%
509 86 17%
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