vancouvereast TOWNHOME-OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere98 townhom elistingsin VancouverEastin O ctober,15% aboveSeptem berand 4% higherthan October2022. O ctobertownhom esalesincreased by118% m onth-over-m onth,to 24,and were167% aboveO ctober 2022. Thesales-to-listing ratio fortow nhom esin Vancouver East,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$1,075,000, a10% decreasefrom Septem berand 3% aboveO ctober 2022. Theaveragesold pricewas$1,121,417,2% below last m onth;theaveragePSF salepricewas$796,down 13% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2022
▲ 3% VS 2022
▲ 4% VS 2022
▲ 167% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24 98
$862 $1,066,589 $1,047,500 10% 9 94
156% 167% 4%
11 85
-13% -2% -10% 89% 118% 15%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$796 $1,121,417 $1,075,000 24%
$914 $1,147,618 $1,198,000 13%
-8% 5% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
93
96
98
94
85
85
82
80
77
73
73
69
69
38
37
37
30
24
15
27
13
20
7
17
9
1
$1.29M
$1.11M $1.10M $1.18M
$1.12M $1.20M
$1.09M
$1.08M
$1.05M $1.05M $1.09M
$1.00M
$899K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
40
3
4+ bdrms
11
30
73%
14
3 bdrms
50
20
29%
7
23%
21%
2 bdrms
10
33
5%
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
4
S-L RATIO SALES INVENTORY
7 2 29%
11 8 73%
39 9 23%
20 1 5%
19 4 21%
2 0 n/a
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