westvancouver DETACHED -JULY 202
SALES TO LISTINGSRATIO 7% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.4% VS 2021
▼ -1.0% VS 2021
▼ 2% VS 2021
▼ 44% VS 2021
Therewere427 detached listingsin W estVancouverin July,4% below Juneand 2% lowerthan July2021. July detached hom esalesdecreased by 6% m onth-over-m onth,to30,and were44% below July 2021. Thesales-to-listing ratio fordetached in W estVancouver, at7% ,reflected abuyers'm arket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No. 7% 32 445
% Change -3% -6% -2% -6% -4%
TOTALLISTINGS TOTALSALES
7% 30 427
$3,544,287 $2,900,000 12% 54 436
1.4% -1% -43% -44% -2%
Thedetachedm edian pricein Julywas$2,870,000,a6% decreasefrom Juneand 1.0% below July2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$3,592,176,3% below last m onth and up 1.4% toJuly2021.
$3,711,176 $3,063,500
$3,592,176 $2,870,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
425
436
403
427
393
445
436
363
414
2.84
327
337
296
276
1.77
1.67
1.63
63
61
58
46
41 41
41
1.51
32
32
54
30
54
43
$3.21M $3.32M
0.86
$3.14M $3.04M $2.96M $3.00M
$3.06M $2.87M
$2.90M $2.94M $2.95M
$2.63M $2.70M
Jul-21
Jun-22
Jul-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
250
200
150
38%
100
28%
15%
50
3%
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
8 3 38%
25 7 28%
59 9 15%
330 11 3%
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