greatervancouverboard area DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.5% VS 2021
▲ 3% VS 2021
▲ 13% VS 2021
▼ 44% VS 2021
Therew ere 4,154 detached listingsin the G reater Vancouverboard areain August,4% below Julyand 13% higherthan August2021. Augustdetached hom esalesdecreased by1.1% m onth-over-m onth,to525,and were44% below August 2021. Thesales-to-listing ratio fordetached in the G reater Vancouverboard area,at13% ,reflected abalanced market. Thedetachedm edian pricein Augustwas$1,700,000,a 3% decreasefrom Julyand 3% aboveAugust2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13% 525 4,154
25% 935 3,688
0.5% 3% -50% -44% 13%
12% 531 4,338
-2% -3% 3% -1.1% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,992,924,2% below last m onth and up 0.5% toAugust2021.
$2,041,887 $1,747,500
$1,992,924 $1,700,000
$1,982,514 $1,650,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
4,236
4,463
4,154
4,338
3,656
3,688
1.83
3,254
1.80
3,714
1.76
2,875
2,799
3,180
1.47
1.43
1.39
2,21 2,264
1,297
1,092
1,006
985
935
950
957
525
793
795
656
622
531
$1.99M $2.01M $2.00M $2.00M $1.90M
$1.80M $1.75M $1.70M
$1.76M $1.85M $1.85M
$1.65M $1.67M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1400
1200
1000
800
600
29%
27%
400
24%
20%
18%
17%
14%
10%
200
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+ 1,444 62 4%
S-L RATIO SALES INVENTORY
60 12 20%
51 9 18%
96 26 27%
156 46 29%
373 90 24%
884 151 17%
558 76 14%
532 53 10%
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