vancouverwest DETACHED -DECEMBER 202
SALESTO LISTINGSRATIO 8% BUYERS'MARKET
▶ MARKETSUMMARY Therewere490 detached listingsin VancouverW estin D ecem ber,13% below N ovem berand 8% lowerthan D ecem ber2021. D ecem berdetached hom esalesdecreased by 23% m onth-over-m onth,to40,and were49% below D ecem ber2021. Thesales-to-listing ratio fordetached in VancouverW est, at8% ,reflected abuyers'm arket. Thedetachedm edian pricein D ecem berwas$3,205,000, a0.4% increasefrom N ovem berand 10% below D ecem ber2021. Theaveragesold pricewas$3,416,175,6% below last m onth and down 6% toD ecem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS2021
▼ 10% VS2021
▼ 8% VS2021
▼ 49% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
%Change
No. 9% 52 566
TOTALLISTINGS TOTALSALES
8% 40 490
$3,642,712 $3,550,000 15% 78 530
-6% -10% -45% -49% -8%
-6% 0.4% -11% -23% -13%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$3,628,456 $3,192,500
$3,416,175 $3,205,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
675
648
709
701
665
657
566
2.43
2.41
602
589
530
2.25
544
490
507
1.64
1.61
1.56
123
102
83
73
69
57
52
52
47
78
93
40
65
$3.66M $3.52M $3.77M
$3.55M
$3.49M $3.44M $3.46M
$3.47M
$3.21M
$3.10M $3.19M $3.21M
$3.05M
Dec-21
Nov-22
Dec-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
100%
400
75%
300
200
100
11%
6%
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-LRATIO SALES INVENTORY
0 1 n/a
1 0 n/a
4 3 75%
7 7 100%
35 4 11%
443 25 6%
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