vancouvereast CONDO -JULY 2023
SALES TO LISTINGSRATIO 33% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 4% VS 2022
▼ 4% VS 2022
▲ 25% VS 2022
Therewere378 condolistingsin VancouverEastin July, 4% aboveJuneand 4% lowerthan July2022.
Julycondosalesdecreased by19% m onth-over-m onth,to 126,and were25% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 26% 101 394
% Change
No. 43% 156 364
% Change
Thesales-to-listing ratio forcondosin VancouverEast,at 33% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
33% 126 378
30% 25% -4%
0.4% -1.3% 1.8% -22% -19% 4%
Thecondom edian pricein Julywas$713,000,a1.8% increasefrom Juneand 4% aboveJuly2022. Theaveragesold pricewas$735,174,1.3% below last m onth;theaveragePSF salepricewas$1,007,up 0.4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,007 $735,174 $713,000
$1,003 $745,061 $700,600
$933 $708,372 $685,000
8% 4% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
394
365
358
378
334
381
371
368
316
364
354
310
290
161
156
1
103
101
126
101
14
89
84
77
57 57
$748K $701K $713K
$685K
$665K $657K
$616K $613K $655K $616K $650K $645K $610K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
140
2 1
100%
120
4+ bdrms
100
9
80
3 bdrms
54%
43
60
36%
30%
40
47
26%
21%
2 bdrms
173
20
5%
0
69
<$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 2 100%
63 34 54%
132 47 36%
101 30 30%
31 8 26%
19 4 21%
21 1 5%
9 0 n/a
160
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