vancouvereast DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 12% BALANCEDMARKET
▶ MARKETSUMMARY Therewere456 detached listingsin VancouverEastin O ctober,5% below Septem berand 8% higherthan October2021. O ctoberdetached hom esalesdecreased by 15% m onth-over-m onth,to 56,and were59% below O ctober 2021. Thesales-to-listing ratio fordetached in VancouverEast, at12% ,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,702,500,a 3% increasefrom Septem berand 8% below O ctober 2021. Theaveragesold pricewas$1,795,688,3% abovelast m onth and down 8% toOctober2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2021
▼ 8% VS 2021
▲ 8% VS 2021
▼ 59% VS 2021
THISMONTH No. $1,795,688 $1,702,500 12% 56 456
PREVIOUSYEAR
PREVIOUSMONTH
No. 32% 136 422
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
-62% -59% 8%
$1,748,833 $1,660,000 14% 66 480
-11% -15% -5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
3% 3%
$1,949,828 $1,850,500
-8% -8%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
531
516
565
545
454
1.75
1.74
456
485
480
409
422
390
1.631.60
1.61
1.55
332
317
176
126
136
94
75
66
16
10
94
56
65
54 59
$2.09M $2.07M $1.94M $2.10M $2.17M
$1.85M $1.88M $1.85M
$1.86M $1.79M $1.77M
$1.66M $1.70M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
150
75%
100
45%
50
20%
7%
3%
2%
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
1 0 n/a
1 0 n/a
4 3 75%
20 9 45%
159 32 20%
115 8 7%
89 2 2%
67 2 3%
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