greatervancouverboard area TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 14% VS 2022
▲ 75% VS 2022
▼ 59% VS 2022
Therewere781 townhom elistingsin theG reater Vancouverboard areain January,1.6% aboveD ecem ber and 75% higherthan January2022. Januarytownhom esalesdecreased by36% m onth-over-m onth,to 117,and were59% below January 2022. Thesales-to-listing ratio fortow nhom esin theG reater Vancouverboard area,at15% ,reflected abalanced market. Thetownhom em edian pricein Januarywas$947,500,a 4% changefrom D ecem berand 14% below January2022. Theaveragesold pricewas$1,105,723,2% abovelast m onth;theaveragePSF salepricewas$737,down 2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 64% 284 446
% Change
No. 24% 184 769
% Change
TOTALLISTINGS TOTALSALES
15% 117 781
-14% -76% -59% 75%
-37% -36% 1.6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$737 $1,105,723 $947,500
$755 $1,082,440 $985,000
-2% 2% -4%
$790 $1,143,021 $1,099,900
-7% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,140
1,109
1,000
1,127
1,107
1,066
1,051
921
755
781
629
769
599
409
504
467
446
441
282
268
184
284
240
223
223
17
$1.10M $1.10M $1.15M $1.10M
$1.03M $1.01M
$1.02M $948K $985K $948K
$990K $942K $928K
REBGV
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
15
4+ bdrms
150
134
69
100
3 bdrms
474
37%
50
32
23% 21%
2 bdrms
15%
152
10% 8% 8%
0
1
<$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
17 0 n/a
19 7 37%
103 24 23%
149 32 21%
170 26 15%
139 14 10%
120 9 8%
8%
21
64 5
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