vancouverdowntown CONDO -JULY 2023
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 1.3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 13% VS 2022
▼ 4% VS 2022
▲ 4% VS 2022
▲ 5% VS 2022
Therewere910 condolistingsin VancouverD owntown in July,5% aboveJuneand 4% higherthan July2022.
Julycondosalesdecreased by15% m onth-over-m onth,to 159,and were5% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 17% 151 879
% Change
No. 22% 187 869
% Change
Thesales-to-listing ratio forcondosin Vancouver D owntown,at17%,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
17% 159 910
5% 4%
-19% -15% 5%
Thecondom edian pricein Julywas$775,000,a0% changefrom Juneand 4% below July2022. Theaveragesold pricewas$968,484,3% below last m onth;theaveragePSF salepricewas$1,155,down 3% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-1.3% -13% -4% 1.7%
$1,155 $968,484 $775,000
$1,187 $999,937 $775,000
-3% -3% 0%
$1,170 $1,107,439 $805,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
870
862
910
836
879
782
884
869
705
81
775
713
688
222
155
138
124
120
107
159
151
185
187
122
10
85
$820K $800K $840K
$805K $785K $784K $775K
$780K $790K $769K
$775K $775K
$717K
VANCOUVERDOWN. REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1
200
4+ bdrms
16
150
7
3 bdrms
108
100
35% 37%
56
22%
20%
2 bdrms
50
17%
446
13%
6% 4%
0
95
<$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
18 4 22%
60 21 35%
164 61 37%
161 28 17%
93 19 20%
76 10 13%
121 7 6%
217 9 4%
340
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