vancouverwest TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere124 townhom elistingsin VancouverW estin M arch,4% aboveFebruaryand 14% lowerthan M arch 2022. M arch townhom esalesdecreased by13% m onth-over-m onth,to 27,and were50% below M arch 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at22% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$1,400,000,a 0.0% increasefrom Februaryand 10% below M arch 2022. Theaveragesold pricewas$1,471,456,2% abovelast m onth;theaveragePSF salepricewas$1,108,up 1.7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 5% VS 2022
▼ 10% VS 2022
▼ 14% VS 2022
▼ 50% VS 2022
THISMONTH No. $1,108 $1,471,456 $1,400,000 22% 27 124
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,149 $1,555,470 $1,561,500 37% 54 145
-10% -42% -50% -14%
$1,090 $1,439,229 $1,399,900 26% 31 119
1.7% 2% 0% -16% -13% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-4% -5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169
177
170
170
169
156 156
145
124
131
19
18
51
45
54
31
26
46
24
19
27
13
12
21
20
$1.61M
$1.60M
$1.56M $1.63M
$1.54M
$1.51M
$1.40M $1.40M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
1
100%+
100%+
60
4+ bdrms
9
50
9
40
3 bdrms
71
30
15
20
25%
2 bdrms
39
12% 14%
11%
10
0
2
<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
2 3 150%
9 1 11%
4 7 175%
16 4 25%
65 8 12%
28 4 14%
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