greatervancouverboard area TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,031 townhom elistingsin theG reater Vancouverboard areain July,0.3% aboveJuneand 13% lowerthan July2022. Julytownhom esalesdecreased by17% m onth-over-m onth,to 391,and were60% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at38% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$1,093,000,a 0.2% increasefrom Juneand 10% aboveJuly2022. Theaveragesold pricewas$1,146,361,0.2% below last m onth;theaveragePSF salepricewas$794,up 0.9% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 10% VS 2022
▼ 13% VS 2022
▲ 60% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
38% 391 1,031
21% 245 1,191
10% 84% 60% -13%
46% 470 1,028
0.9% -0.2% 0.2% -17% -17% 0.3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$794 $1,146,361 $1,093,000
$787 $1,148,232 $1,091,250
$746 $1,099,687 $995,000
6% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,161
1,191
1,053
1,028
991
1,17
1,031
1,096
910
910
845
823
816
500
470
368
391
306
290
271
396
186
245
232
226
120
$1.05M $1.05M $1.09M $1.09M
$1.04M $1000K
$1.02M
$995K $945K $950K
$949K $987K $979K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
70
4+ bdrms
200
200
150
215
59% 58%
3 bdrms
52%
555
42%
100
38%
93
21%
2 bdrms
15%
50
246
0
13
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
30
S-L RATIO SALES INVENTORY
10 0 n/a
27 16 59%
91 53 58%
189 98 52%
228 95 42%
197 74 38%
198 41 21%
91 14 15%
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