VANCOUVER WEST RESALE MARKET SUMMARY

MLS Resale Highlights

Total listings have increased by 10 while total resales have decreased by 222 when compared to the First Quarter of 2022

The average time a unit is on the market has increased for High Rise, Low Rise, and Townhomes by 18, 10, and 17 days, respectively, since the First Quarter of 2022

Average price per square foot sales values for High Rise and Low Rise units have decreased over the past four quarters by $44 and $30, respectively, while Townhomes increased by $14

Two bedroom High Rise and Low Rise product saw decreases of $67 and $10, respectively, in average price per square foot sales values when compared to four quarters ago

The sales range has decreased by $42,000 on the lower end and increased by $54,000 on the higher end since the First Quarter of 2022 for High Rise product

The Townhomes sales range has decreased by $195,700 on the lower end and by $50,000 on the higher-end over the past four quarters