vancouvereast CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere427 condolistingsin VancouverEastin O ctober,6% aboveSeptem berand 12% higherthan October2022. O ctobercondosalesincreased by4% m onth-over-m onth, to101,and were1.9% below October2022.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 1.5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 7% VS 2022
▲ 12% VS 2022
▼ 1.9% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 27% 103 381
% Change
No.
% Change
Thesales-to-listing ratio forcondosin VancouverEast,at 24% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
24% 101 427
1.5% 4% 7% -13% -1.9% 12%
$992 $752,432 $688,000 24% 97 402
4% 6%
Thecondom edian pricein Octoberwas$700,000,a1.7% increasefrom Septem berand 7% aboveO ctober2022. Theaveragesold pricewas$716,288,5% below last m onth;theaveragePSF salepricewas$958,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-3% -5% 1.7% -2%
$958 $716,288 $700,000
$943 $688,102 $655,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
402
427
377
365
358
381
334
316
363
353
331
310
290
161
156
127
1
101
103
101
126
14
97
77
57 57
$748K $701K $713K
$678K $688K $700K
$665K $657K
$655K $616K $650K $645K $610K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
140
4+ bdrms
1
120
100
2
3 bdrms
80
45
60
40%
43
25%
40
22%
2 bdrms
19%
180
20
4% 6% 6%
0
56
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
4 1 25%
92 20 22%
145 58 40%
94 18 19%
48 2 4%
16 1 6%
17 1 6%
11 0 n/a
201
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