vancouvereast CONDO -MARCH 2023
SALES TO LISTINGSRATIO 34% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere334 condolistingsin VancouverEastin M arch,8% aboveFebruaryand 1.8% higherthan M arch 2022. M arch condosalesincreased by11% m onth-over-m onth, to112,and were53% below M arch 2022.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▼ 1.6% VS 2022
▲ 1.8% VS 2022
▼ 53% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 73% 240 328
% Change
No. 33% 101 310
% Change
Thesales-to-listing ratio forcondosin VancouverEast,at 34% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
34% 112 334
-3% -4% -1.6% -54% -53% 1.8%
0.6% 9% 10% 3% 11% 8%
Thecondom edian pricein M arch was$669,000,a10% increasefrom Februaryand 1.6% below M arch 2022. Theaveragesold pricewas$715,600,9% abovelast m onth;theaveragePSF salepricewas$969,up 0.6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$969 $715,600 $669,000
$963 $655,912 $610,000
$994 $743,621 $680,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
381
365
399
392
394
371
368
316
334
355
328
310
240
290
170
139
178
103
101
12
101
89
84
77
57 57
$680K $686K $670K $680K $685K
$669K
$616K $613K $655K $616K $650K $645K $610K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
100%+
4+ bdrms
3
100
80
3
3 bdrms
34
60
41%
38%
37%
40
29%
49
23%
2 bdrms
136
20
0
60
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
2 4 200%
81 30 37%
120 49 41%
71 16 23%
34 10 29%
8 3 38%
12 0 n/a
6 0 n/a
161
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