vancouverwest DETACHED -JULY 2023
SALES TO LISTINGSRATIO 12% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 15% VS 2022
▲ 1.4% VS 2022
▼ 14% VS 2022
▲ 45% VS 2022
Therewere570 detached listingsin VancouverW estin July,2% aboveJuneand 14% lowerthan July2022. July detached hom esalesdecreased by 9% m onth-over-m onth,to68,and were45% aboveJuly 2022. Thesales-to-listing ratio fordetached in VancouverW est, at12% ,reflected abuyers'm arket.
THISMONTH No. $4,352,924 $3,509,000 12% 68 570
PREVIOUSMONTH
PREVIOUSYEAR
No. 7% 47 665
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
15% 1.4% 69% 45% -14%
$4,077,022 $3,150,000 13% 75 558
7% 11% -11% -9% 2%
Thedetachedm edian pricein Julywas$3,509,000,a11% increasefrom Juneand 1.4% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$4,352,924,7% abovelast m onth and up 15% toJuly2022.
$3,801,515 $3,460,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
665
657
648
566
558
570
589
498
2.25
491
2.16
516
490
479
466
1.851.87
1.79
1.76
10
96
73
66
57
52
52
40
25
68
94
47
75
$3.48M $3.50M $3.67M
$3.51M
$3.46M
$3.47M
$3.43M $3.36M
$3.19M $3.21M
$3.15M
$3.10M
$3.05M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
400
300
54%
200
34%
100
9%
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
2 0 n/a
3 0 n/a
13 7 54%
47 16 34%
505 45 9%
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