vancouvereast DETACHED -FEBRUARY 2023
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY Therewere332 detached listingsin VancouverEastin February,3% aboveJanuaryand 19% lowerthan February 2022. February detached hom esalesincreased by 73% m onth-over-m onth,to57,and were51% below February 2022. Thesales-to-listing ratio fordetached in VancouverEast, at17% ,reflected abalanced m arket. Thedetachedm edian pricein Februarywas$1,748,000, a9% increasefrom Januaryand 19% below February 2022. Theaveragesold pricewas$1,872,375,8% abovelast m onth and down 13% toFebruary2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 13% VS 2022
▼ 19% VS 2022
▼ 19% VS 2022
▼ 51% VS 2022
THISMONTH No. $1,872,375 $1,748,000 17% 57 332
PREVIOUSYEAR
PREVIOUSMONTH
No. 28% 116 409
% Change -13% -19% -39% -51% -19%
No.
% Change
TOTALLISTINGS TOTALSALES
$1,741,364 $1,600,000 10% 33 321
67% 73% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
8% 9%
$2,157,390 $2,166,900
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
531
516
565
545
456
454
1.79
1.79
1.78
485
480
41
1.71
409
1.60
332
355
1.39
321
176
94
16
75
66
50
10
39 33
57
59
54
55
$2.17M $2.09M $2.07M
$1.94M $1.86M
$1.79M $1.77M $1.66M $1.71M $1.70M $1.72M
$1.60M $1.75M
Feb-22
Jan-23
Feb-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
100
100%+
80
67%
60
40
31%
29%
20
16%
7%
1%
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
1 2 200%
3 2 67%
14 4 29%
100 31 31%
77 12 16%
67 5 7%
70 1 1%
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