fraservaley board area DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 30% SELLERS'M ARKET
▶ MARKETSUMMARY Therew ere 1,998 detached listingsin the FraserValey board areain April,3% aboveM arch and 23% lowerthan April2022. A prildetached hom esalesincreased by 0.3% m onth-over-m onth,to 593,and were1.7% below April 2022. Thesales-to-listing ratio fordetached in the FraserValey board area,at30% ,reflected aselers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 13% VS 2022
▼ 11% VS 2022
▼ 23% VS 2022
▼ 1.7% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
30% 593 1,998
23% 603 2,588
-13% -11% 27% -1.7% -23%
30% 591 1,939
8% 6% -3% 0.3% 3%
Thedetachedm edian pricein Aprilwas$1,430,000,a6% increasefrom M arch and 11% below April2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,536,157,8% abovelast m onth and down 13% toApril2022.
$1,421,953 $1,348,000
$1,536,157 $1,430,000
$1,756,938 $1,614,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,964
3,131
2,699
3,041
2,810
2,588
2,344
1.77
1.70
2,541
1.67
1.65
1,939
1.61
1.58
1,998
1,858
1,848
1,752
591
426
603
593
363
327
313
259
213
485
342
325
323
$1.61M
$1.53M $1.48M
$1.42M $1.34M $1.32M $1.32M
$1.35M $1.43M
$1.24M $1.28M $1.28M $1.31M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
400
79%
300
52%
48%
200
36%
35%
32%
17%
100
9%
6%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
66 24 36%
20 7 35%
75 39 52%
128 101 79%
352 168 48%
504 162 32%
308 53 17%
197 18 9%
348 21 6%
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