vancouverwest DETACHED -JULY 202
SALES TO LISTINGSRATIO 7% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 8% VS 2021
▼ 9% VS 2021
▼ 49% VS 2021
Therewere665 detached listingsin VancouverW estin July,5% below Juneand 9% lowerthan July2021. July detached hom esalesdecreased by 32% m onth-over-m onth,to47,and were49% below July 2021. Thesales-to-listing ratio fordetached in VancouverW est, at7% ,reflected abuyers'm arket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
7% 47 665
$3,635,375 $3,200,000 13% 92 729
-44% -49% -9%
$3,856,128 $3,436,000 10% 69 701
-1.4% 0.7% -28% -32% -5%
Thedetachedm edian pricein Julywas$3,460,000,a 0.7% increasefrom Juneand 8% aboveJuly2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$3,801,515,1.4% below last m onth and up 5% toJuly2021.
$3,801,515 $3,460,000
5% 8%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
701
729
675
736
727
626
665
709
675
2.55
602
2.47
544
530
2.25
507
1.79
1.59
1.53
123
109
100
102
84
69
65
92
93
47
83
73
78
$3.77M
$3.67M $3.55M
$3.66M $3.52M
$3.54M $3.44M $3.46M
$3.20M $3.30M $3.14M $3.20M
$3.21M
Jul-21
Jun-22
Jul-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
600
500
400
300
41%
200
100
7%
6%
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
1 0 n/a
4 0 n/a
17 7 41%
84 6 7%
559 34 6%
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