vancouvereast DETACHED -JULY 2023
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2022
▲ 13% VS 2022
▼ 19% VS 2022
▲ 65% VS 2022
Therewere443 detached listingsin VancouverEastin July,1.1% below Juneand 19% lowerthan July2022. July detached hom esalesdecreased by 7% m onth-over-m onth,to89,and were65% aboveJuly 2022. Thesales-to-listing ratio fordetached in VancouverEast, at20% ,reflected abalanced m arket.
THISMONTH No. $2,112,971 $2,020,000 20% 89 443
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,886,038 $1,790,000 10% 54 545
12% 13% 103% 65% -19%
$2,023,983 $2,004,000 21% 96 448
4% 0.8% -6% -7% -1.1%
Thedetachedm edian pricein Julywas$2,020,000,a 0.8% increasefrom Juneand 13% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,112,971,4% abovelast m onth and up 12% toJuly2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
516
545
456
448
480
41
443
1.81
1.72
1.711.68
332
390
1.57
360
355
1.52
332
321
124
93
66
89
50
39
33
96
54
75
59
55
56
$1.95M $2.03M $2.00M $2.02M
$1.79M $1.77M
$1.74M $1.80M
$1.66M $1.71M $1.70M $1.72M $1.60M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
120
100%
100
80
60
40%
40
27%
26%
20
12%
8%
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 0 n/a
1 1 100%
15 6 40%
119 32 27%
119 31 26%
99 12 12%
89 7 8%
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