vancouvereast DETACHED -MAY 2023
SALES TO LISTINGSRATIO 32% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.2% VS 2022
▲ 5% VS 2022
▼ 27% VS 2022
▲ 32% VS 2022
Therewere390 detached listingsin VancouverEastin M ay,8% aboveApriland 27% lowerthan M ay2022. M ay detached hom esalesincreased by 65% m onth-over-m onth,to124,and were32% aboveM ay 2022. Thesales-to-listing ratio fordetached in VancouverEast, at32% ,reflected aselers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
32% 124 390
$2,105,947 $1,940,000 18% 94 531
-1.2% 5% 80% 32% -27%
$2,027,959 $1,950,000 21% 75 360
53% 65% 8%
Thedetachedm edian pricein M aywas$2,030,000,a4% increasefrom Apriland 5% aboveM ay2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,080,948,3% abovelast m onth and down 1.2% toM ay2022.
3% 4%
$2,080,948 $2,030,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
516
531
565
545
456
1.85
41
480
1.79
1.76
390
1.69
332
1.62
360
355
332
1.47
321
93
124
75
66
94
50
39
33
75
54
59
55
56
$1.95M $2.03M
$1.94M
$1.86M $1.79M $1.77M
$1.74M $1.80M
$1.66M $1.71M $1.70M $1.72M $1.60M
22-May
23-Apr
23-May
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
120
100
80
60
53%
42%
40
25%
16%
20
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
16 4 25%
105 56 53%
111 47 42%
79 13 16%
77 4 5%
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