vancouverregion DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY Therewere6,952 detached listingsin theVancouver Region in August,6% below Julyand 26% higherthan August2021. Augustdetached hom esalesincreased by1.6% m onth-over-m onth,to890,and were50% below August 2021. Thesales-to-listing ratio fordetached in the Vancouver Region,at13% ,reflected abalanced m arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2021
▲ 3% VS 2021
▲ 26% VS 2021
▼ 50% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13% 890 6,952
1,788 5,531
-60% -50% 26%
12% 876 7,369
-4% -4% 8% 1.6% -6%
Thedetachedm edian pricein Augustwas$1,530,000,a 4% decreasefrom Julyand 3% aboveAugust2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,741,811 $1,480,000 32%
Theaveragesold pricewas$1,780,231,4% below last m onth and up 2% toAugust2021.
$1,854,655 $1,600,000
$1,780,231 $1,530,000
2% 3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
7,193
7,585
6,952
7,369
1.87
5,481
5,397
6,295
1.80
1.79
5,531
4,587
4,181
4,694
1.42
1.37
1.36
3,318
2,317
3,120
1,879
1,794
1,788
1,750
1,697
1,570
1,490
890
1,283
1,149
1,086
876
$1.83M $1.80M $1.73M $1.85M $1.89M
$1.65M $1.60M $1.53M
$1.60M $1.69M $1.69M
$1.48M $1.54M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
2000
1500
1000
34%
500
24%
24%
21%
19%
13%
11%
8%
4%
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+ 1,855 73 4%
S-L RATIO SALES INVENTORY
132 32 24%
77 15 19%
228 55 24%
401 137 34%
879 185 21%
1,675 224 13%
915 102 11%
790 67 8%
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