westvancouver DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 7% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere419 detached listingsin W estVancouverin August,-1.9% below Julyand 1.2% higherthan August 2021. Augustdetached hom esalesdecreased by7% m onth-over-m onth,to28,and were32% below August 2021. Thesales-to-listing ratio fordetached in W estVancouver, at7% ,reflected abuyers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 12% VS 2021
▼ 5% VS 2021
▲ 1.2% VS 2021
▼ 32% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 7% 30 427
% Change
TOTALLISTINGS TOTALSALES
7% 28 419
$3,957,146 $2,935,000 10% 41 414
-12% -5% -33% -32% 1.2%
-3% -3% -5% -7% -1.9%
Thedetachedm edian pricein Augustwas$2,790,000,a 3% decreasefrom Julyand 5% below August2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$3,500,847,3% below last m onth and down 12% toAugust2021.
$3,612,493 $2,870,000
$3,500,847 $2,790,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
436
425
403
445
419
393
414
427
363
2.84
327
337
2.45
296
276
1.65
63
61
58
46
41
32
32
30
41
1.21
54
28
41
43
0.96
0.86
$3.21M $3.32M
$3.14M $3.04M $2.96M $3.00M
$3.06M $2.87M $2.79M
$2.94M $2.95M
$2.63M $2.70M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
250
200
150
100
25%
22%
19%
50
3%
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
2 0 n/a
2 0 n/a
9 2 22%
24 6 25%
59 11 19%
323 9 3%
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