vancouvereast DETACHED -MARCH 2023
SALES TO LISTINGSRATIO 28% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere332 detached listingsin VancouverEastin M arch,nochangetoFebruaryand 27% lowerthan M arch 2022. M arch detached hom esalesincreased by 63% m onth-over-m onth,to 93,and were47% below M arch 2022. Thesales-to-listing ratio fordetached in VancouverEast, at28% ,reflected aselers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 15% VS 2022
▼ 14% VS 2022
▼ 27% VS 2022
▼ 47% VS 2022
THISMONTH No. $1,824,746 $1,800,000 28% 93 332
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 176 454
% Change -15% -14% -28% -47% -27%
No.
% Change
TOTALLISTINGS TOTALSALES
$1,872,375 $1,748,000 17% 57 332
-3% 3% 63% 63% 0%
Thedetachedm edian pricein M arch was$1,800,000,a 3% increasefrom Februaryand 14% below M arch 2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,824,746,3% below last m onth and down 15% toM arch 2022.
$2,137,618 $2,089,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
531
516
565
545
456
454
1.80
485
41
1.79
480
1.771.73
332
1.60
332
355
1.49
321
176
75
66
93
50
10
39 33
94
54
59
55
57
$2.09M
$2.07M $1.94M
$1.86M $1.79M $1.77M
$1.75M $1.80M
$1.66M $1.71M $1.70M $1.72M $1.60M
22-Mar
23-Feb
23-Mar
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
100
80
86%
60
60%
50%
40
22%
20
7%
1%
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
0 1 n/a
1 0 n/a
2 1 50%
14 12 86%
94 56 60%
78 17 22%
72 5 7%
71 1 1%
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