vancouverwest TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 12% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.1% VS 2022
▲ 6% VS 2022
▲ 7% VS 2022
▲ 45% VS 2022
Therewere180 townhom elistingsin VancouverW estin July,10% aboveJuneand 7% higherthan July2022. Julytownhom esalesdecreased by41% m onth-over-m onth,to29,and were45% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at16% ,reflected abalanced m arket. Thetownhom em edian pricein Julywas$1,628,000,a 4% decreasefrom Juneand 6% aboveJuly2022. Theaveragesold pricewas$1,539,879,9% below last m onth;theaveragePSF salepricewas$1,185,down 0.5% tolastm onth.
THISMONTH No. $1,185 $1,539,879 $1,628,000 16% 29 180
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,056 $1,523,240 $1,540,000 12% 20 169
12% 1.1% 6% 36% 45% 7%
$1,191 $1,686,713 $1,700,000 30% 49 163
-0.5% -9% -4% -46% -41% 10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
170
169
180
169
151
163
156 156
153
131
124
19
18
50
49
31
26
27
24
19
29
13
12
20
21
20
$1.70M $1.63M
$1.64M
$1.60M
$1.61M
$1.54M
$1.52M
$1.40M $1.40M
$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
80
4+ bdrms
20
60
15
3 bdrms
99
40
33% 33%
33%
10
21%
2 bdrms
20
52
14%
9%
0
4
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
9
S-L RATIO SALES INVENTORY
1 0 n/a
6 2 33%
9 3 33%
14 3 21%
15 5 33%
88 12 14%
9%
47 4
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