vancouverregion TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 41% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,883 townhom elistingsin theVancouver Region in July,2% aboveJuneand 25% lowerthan July 2022. Julytownhom esalesdecreased by19% m onth-over-m onth,to 767,and were60% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin theVancouver Region,at41% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$920,000,a 0.5% increasefrom Juneand 3% aboveJuly2022. Theaveragesold pricewas$999,469,0.5% below last m onth;theaveragePSF salepricewas$668,up 0.7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2022
▲ 3% VS 2022
▼ 25% VS 2022
▲ 60% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
41% 767 1,883
19% 479 2,498
4% 2% 3% 112% 60% -25%
51% 947 1,839
0.7% -0.5% 0.5% -21% -19% 2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$668 $999,469 $920,000
$664 $1,004,007 $915,000
$643 $977,077 $895,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,498
2,234
2,162
1,998
2,252
1,789
1,883
1,571
1,839
1,589
1,567
1,529
1,507
945 947
757
767
573
548
516
784
479
467
415
340
289
$895K $852K $850K $870K $860K $840K
$865K $899K $923K $915K $920K
$810K $860K
VancouverRegion REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
600
156
4+ bdrms
500
457
400
408
3 bdrms
977
300
49% 51% 49%
46%
39%
34%
200
187
21%
2 bdrms
15%
415
100
0
16
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
34
S-L RATIO SALES INVENTORY
24 11 46%
72 35 49%
322 163 51%
575 282 49%
355 138 39%
234 80 34%
210 44 21%
91 14 15%
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