vancouverwest TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 33% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 7% VS 2022
▲ 1.0% VS 2022
▼ 14% VS 2022
▼ 2.0% VS 2022
Therewere153 townhom elistingsin VancouverW estin M ay,1.3% aboveApriland 14% lowerthan M ay2022. M aytownhom esalesincreased by150% m onth-over-m onth,to 50,and were2.0% below M ay 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at33% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,522,400,a 7% decreasefrom Apriland 1.0% aboveM ay2022. Theaveragesold pricewas$1,680,162,1.5% abovelast m onth;theaveragePSF salepricewas$1,146,up 5% to lastm onth.
THISMONTH No. $1,146 $1,680,162 $1,522,400 33% 50 153
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,179 $1,568,364 $1,508,000 29% 51 177
-3% 7% 1% 13% -2% -14%
$1,095 $1,655,800 $1,644,000 13% 20 151
5% 1.5% -7% 147% 150% 1.3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169
177
151
170
169
153
156 156
131
124
19
18
50
45
51
31
27
26
24
19
13
12
21
20
20
$1.64M
$1.60M
$1.61M
$1.54M
$1.52M
$1.51M
$1.40M $1.40M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
2
100%+
4+ bdrms
89%
17
60
50
64%
22
3 bdrms
40
81
30
26
22% 20%
20
2 bdrms
46
10
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
9
S-L RATIO SALES INVENTORY
7 0 n/a
9 8 89%
11 7 64%
9 10 111%
72 16 22%
45 9 20%
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