vancouverwest TOWNHOME-FEBRUARY 2023
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 17% VS 2022
▼ 19% VS 2022
▼ 13% VS 2022
▼ 37% VS 2022
Therewere119 townhom elistingsin VancouverW estin February,0.8% aboveJanuaryand 13% lowerthan February2022. Februarytownhom esalesincreased by158% m onth-over-m onth,to31,and were37% below February 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at26% ,reflected aselers'm arket. Thetownhom em edian pricein Februarywas $1,399,900,a13% decreasefrom Januaryand 19% below February2022. Theaveragesold pricewas$1,439,229,19% below last m onth;theaveragePSF salepricewas$1,090,up 2% to lastm onth.
THISMONTH No. $1,090 $1,439,229 $1,399,900 26% 31 119
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,182 $1,729,096 $1,720,000 36% 49 137
-8% -17% -19% -27% -37% -13%
$1,067 $1,770,192 $1,606,500 10% 12 118
2% -19% -13% 156% 158% 0.8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169
177
170
170
169
156 156
137
145
131
19
18
54
51
45
49
26
46
24
31
19
13
12
21
20
$1.72M
$1.60M
$1.61M
$1.56M $1.63M
$1.54M
$1.51M
$1.40M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
50
1
100%+
4+ bdrms
9
40
12
30
57%
3 bdrms
60
20
17
26%
23%
2 bdrms
10
43
9%
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
2 0 n/a
7 4 57%
5 7 140%
19 5 26%
52 12 23%
9%
7
34 3
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