westvancouver DETACHED -DECEMBER 202
SALESTO LISTINGSRATIO 9% BUYERS'MARKET
▶ MARKETSUMMARY Therewere298 detached listingsin W estVancouverin D ecem ber,23% below N ovem berand 0.7% higherthan D ecem ber2021. D ecem berdetached hom esalesincreased by 53% m onth-over-m onth,to26,and were37% below D ecem ber2021. Thesales-to-listing ratio fordetached in W estVancouver, at9% ,reflected abuyers'm arket. Thedetachedm edian pricein D ecem berwas$2,697,500, a4% increasefrom N ovem berand 14% below D ecem ber 2021. Theaveragesold pricewas$2,961,211,9% below last m onth and down 15% toD ecem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 15% VS2021
▼ 14% VS2021
▲ 0.7% VS2021
▼ 37% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change -15% -14% -37% -37% 0.7%
%Change
No. 4% 17 387
TOTALLISTINGS TOTALSALES
9% 26 298
$3,473,826 $3,140,000 14% 41 296
99% 53% -23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
-9% 4%
$3,265,759 $2,599,900
$2,961,211 $2,697,500
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
425
417
445
393
387
436
427
419
3.46
327
337
296
298
276
2.01
63
58
46
32
32
29
28
28 17
26
41
1.46
53
26
0.91
$3.18M $3.32M
$3.14M $3.04M $2.96M $3.00M
$3.10M
$3.06M
$2.88M $2.79M $2.70M
$2.60M $2.70M
Dec-21
Nov-22
Dec-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
250
100%+
200
150
100
29%
18%
50
4%
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
3 4 133%
21 6 29%
38 7 18%
236 9 4%
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