vancouverwest TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 10% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 20% VS 2022
▲ 6% VS 2022
▲ 4% VS 2022
▼ 69% VS 2022
Therewere118 townhom elistingsin VancouverW estin January,10% below D ecem berand 4% higherthan January2022. Januarytownhom esalesdecreased by8% m onth-over-m onth,to 12,and were69% below January 2022. Thesales-to-listing ratio fortow nhom esin Vancouver W est,at10% ,reflected abuyers'm arket. Thetownhom em edian pricein Januarywas$1,606,500, a22% changefrom D ecem berand 6% aboveJanuary 2022. Theaveragesold pricewas$1,770,192,12% abovelast m onth;theaveragePSF salepricewas$1,067,up 7% to lastm onth.
THISMONTH No. $1,067 $1,770,192 $1,606,500 10% 12 118
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,058 $1,476,395 $1,515,000 35% 39 113
0.8% 20% 6% -71% -69% 4%
$1,000 $1,578,608 $1,320,000 10% 13 131
7% 12% 22% 2% -8% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
169
169
177
170
170
169
137
156 156
145
131
18
13
54
51
49
45
39
26
46
24
19
13
12
21
20
$1.72M
$1.60M
$1.61M
$1.56M $1.63M
$1.54M
$1.52M
$1.51M
$1.35M
$1.34M $1.42M $1.32M
$1.29M
VANCOUVERW EST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
50
1
4+ bdrms
10
40
7
30
3 bdrms
65
20
31%
4
2 bdrms
10
38
13%
8% 8%
0
<$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
1 0 n/a
6 0 n/a
8 1 13%
13 4 31%
51 4 8%
8%
5
39 3
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