westvancouver DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 7% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere417 detached listingsin W estVancouverin O ctober,4% below Septem berand 3% higherthan October2021. O ctoberdetached hom esalesincreased by 8% m onth-over-m onth,to 28,and were54% below O ctober 2021. Thesales-to-listing ratio fordetached in W estVancouver, at7% ,reflected abuyers'm arket. Thedetachedm edian pricein Octoberwas$3,096,250,a 15% increasefrom Septem berand 18% aboveO ctober 2021. Theaveragesold pricewas$3,525,518,9% below last m onth and up 0.6% toOctober2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.6% VS 2021
▲ 18% VS 2021
▲ 3% VS 2021
▼ 54% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 6% 26 436
% Change
TOTALLISTINGS TOTALSALES
7% 28 417
$3,505,700 $2,625,000 15% 61 403
0.6% 18% -56% -54% 3%
-9% 15% 13% 8% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$3,862,762 $2,695,000
$3,525,518 $3,096,250
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
425
445
393
417
436
403
427
419
363
2.01
327
1.94
1.83
337
1.72
296
276
1.42
1.32
63
58
46
41
61
32
32
29
28
26
53
28
43
$3.18M $3.32M
$3.14M $3.04M $2.96M $3.00M
$3.10M
$3.06M
$2.88M $2.79M $2.70M
$2.63M $2.70M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
250
200
150
100
24%
50
10%
9%
5%
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
10 1 10%
29 7 24%
57 5 9%
319 15 5%
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