vancouvereast TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2022
▼ 8% VS 2022
▼ 3% VS 2022
▲ 12% VS 2022
Therewere96 townhom elistingsin VancouverEastin M ay,25% aboveApriland 3% lowerthan M ay2022. M aytownhom esalesincreased by37% m onth-over-m onth,to37,and were12% aboveM ay 2022. Thesales-to-listing ratio fortow nhom esin Vancouver East,at39% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,100,000,a 0.9% decreasefrom Apriland 8% below M ay2022. Theaveragesold pricewas$1,109,637,1.4% below last m onth;theaveragePSF salepricewas$858,down 4% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
37 96
33 99
-8% -6% -8% 16% 12% -3%
27 77
10% 37% 25%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$858 $1,109,637 $1,100,000 39%
$930 $1,182,251 $1,200,000 33%
$897 $1,125,285 $1,110,000 35%
-4% -1.4% -0.9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
94
99
93
96
88
96
95
82
80
77
76
73
69
37
31
37
33
20
15
27
25
13
9
20
7
14
$1.20M $1.15M $1.17M
$1.11M $1.10M
$1.09M
$1.05M $1.05M $1.09M
$1.00M
$958K $950K
$899K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
35
1
100%+
30
4+ bdrms
18
25
80%
24
20
3 bdrms
48
15
38%
11
10
25%
2 bdrms
27
5
8%
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
3
S-L RATIO SALES INVENTORY
1 0 n/a
5 4 80%
11 12 109%
32 12 38%
32 8 25%
13 1 8%
2 0 n/a
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