vancouverwest DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 9% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere657 detached listingsin VancouverW estin August,-1.2% below Julyand 10% lowerthan August 2021. Augustdetached hom esalesincreased by21% m onth-over-m onth,to57,and were22% below August 2021. Thesales-to-listing ratio fordetached in VancouverW est, at9% ,reflected abuyers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 12% VS 2021
▼ 8% VS 2021
▼ 10% VS 2021
▼ 22% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 7% 47 665
% Change
TOTALLISTINGS TOTALSALES
9% 57 657
$3,812,533 $3,300,888 10% 73 727
-12% -8% -14% -22% -10%
-11% -12% 23% 21% -1.2%
Thedetachedm edian pricein Augustwas$3,050,000,a 12% decreasefrom Julyand 8% below August2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$3,364,745,11% below last m onth and down 12% toAugust2021.
$3,801,515 $3,460,000
$3,364,745 $3,050,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
709
701
727
675
736
626
657
675
665
2.36
602
2.25
2.22
544
530
507
1.89
1.79
1.52
123
109
102
100
84
69
47
73
57
93
83
78
65
$3.67M $3.55M
$3.66M $3.52M $3.77M
$3.54M $3.44M $3.46M
$3.30M $3.14M $3.20M
$3.21M
$3.05M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
600
500
400
62%
300
50%
200
15%
100
5%
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
4 2 50%
21 13 62%
72 11 15%
560 30 5%
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