vancouvereast TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 54% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere68 townhom elistingsin VancouverEastin M arch,17% below Februaryand 15% higherthan M arch 2022. M arch townhom esalesincreased by85% m onth-over-m onth,to 37,and were14% below M arch 2022. Thesales-to-listing ratio fortow nhom esin Vancouver East,at54% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$1,000,000,a 8% decreasefrom Februaryand 15% below M arch 2022. Theaveragesold pricewas$1,053,902,3% below last m onth;theaveragePSF salepricewas$844,up 1.9% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 15% VS 2022
▲ 15% VS 2022
▼ 14% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
37 68
43 59
-8% -10% -15% -25% -14% 15%
20 82
1.9% -3% -8% 123% 85% -17%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$844 $1,053,902 $1,000,000 54%
$912 $1,176,867 $1,177,000 73%
$828 $1,085,937 $1,092,500 24%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
94
93
88
99
96
95
82
80
76
74
69
68
59
43
43
37
31
33
20
15
25
13
9
20
7
14
$1.18M $1.20M $1.20M $1.15M $1.17M
$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
20
2
4+ bdrms
92%
10
15
75%
22
63%
3 bdrms
36
10
35%
12
2 bdrms
5
17
10%
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
5
S-L RATIO SALES INVENTORY
0 2 n/a
4 3 75%
13 12 92%
19 12 63%
20 7 35%
10 1 10%
2 0 n/a
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