vancouvereast CONDO -JANUARY 2023
SALES TO LISTINGSRATIO 18% BALANCEDMARKET
▶ MARKETSUMMARY Therewere316 condolistingsin VancouverEastin January,9% aboveD ecem berand 15% higherthan January2022. January condo salesrem ained the sam e m onth-over-m onth,at57,and were60% below January 2022. Thesales-to-listing ratio forcondosin VancouverEast,at 18% ,reflected abalanced m arket. Thecondom edian pricein Januarywas$645,000,a0.8% changefrom D ecem berand 7% below January2022. Theaveragesold pricewas$676,535,3% below last m onth;theaveragePSF salepricewas$915,up 1.2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2022
▼ 7% VS 2022
▲ 15% VS 2022
▼ 60% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 52% 142 275
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$915 $676,535 $645,000 18% 57 316
-65% -60% 15%
$905 $695,218 $650,000 20% 57 290
0% 9%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
1.2% -3% -0.8% -8%
$960 $732,142 $689,950
-5% -8% -7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
381
365
399
392 394
371
319
368
355
316
240 328
275
290
170
191
139
178
142
103
101
89
84
57
77
57
$690K $709K $680K $686K $670K $680K $685K
$616K $613K $655K $616K $650K $645K
VANCOUVEREAST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
100%
4+ bdrms
2
80
2
60
3 bdrms
29
40
26
25%
20%
2 bdrms
20
131
14%
7%
0
29
<$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
2 2 100%
89 18 20%
100 25 25%
74 10 14%
27 2 7%
10 0 n/a
9 0 n/a
5 0 n/a
154
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