vancouvereast DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY Therewere503 detached listingsin VancouverEastin O ctober,2% aboveSeptem berand 10% higherthan October2022. O ctoberdetached hom esalesincreased by 16% m onth-over-m onth,to78,and were42% aboveO ctober 2022. Thesales-to-listing ratio fordetached in VancouverEast, at16% ,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$2,045,000,a 8% increasefrom Septem berand 20% aboveO ctober 2022. Theaveragesold pricewas$2,138,602,8% abovelast m onth and up 19% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 19% VS 2022
▲ 20% VS 2022
▲ 10% VS 2022
▲ 42% VS 2022
THISMONTH No. $2,138,602 $2,045,000 16% 78 503
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change 19% 20% 29% 42% 10%
No.
% Change
TOTALLISTINGS TOTALSALES
$1,800,428 $1,705,000 12% 55 456
$1,976,096 $1,900,000 14% 67 491
14% 16% 2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
8% 8%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
503
448
443
491
456
41
437
1.90
332
390
1.74
360
355
332
1.631.60
321
1.59
1.54
124
93
81
50
78
39
33
95
89
55
75
67
56
$2.05M
$1.95M $2.03M $2.01M $2.02M $1.95M $1.90M
$1.74M $1.80M
$1.71M $1.70M $1.72M $1.60M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
160
140
120
100
80
60
26%
40
22%
11%
20
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
1 0 n/a
4 0 n/a
15 0 n/a
149 33 22%
114 30 26%
102 11 11%
118 4 3%
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