fraservaley board area TOWNHOME-APRIL 2023
SALES TO LISTINGSRATIO 57% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere680 townhom elistingsin theFraserValey board areain April,3% aboveM arch and 37% lowerthan April2022. Apriltownhom esalesdecreased by0.5% m onth-over-m onth,to 388,and were0.8% below April 2022. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at57% ,reflected aselers'm arket. Thetownhom em edian pricein Aprilwas$838,950,a4% increasefrom M arch and 8% below April2022. Theaveragesold pricewas$838,072,3% abovelast m onth;theaveragePSF salepricewas$533,up 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 8% VS 2022
▼ 37% VS 2022
▼ 0.8% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 59% 390 661
% Change
TOTALLISTINGS TOTALSALES
57% 388 680
36% 391 1,084
-8% -10% -8% 58% -0.8% -37%
4% 3% 4% -3% -0.5% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$533 $838,072 $838,950
$512 $813,471 $807,500
$583 $932,705 $913,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,248
1,330
1,307
1,17
1,084
1,156
945
1,001
684
680
751
684
661 390
361
391
388
283
245
360
242
234
235
189
169
154
$913K
$870K $855K $843K
$808K $839K
$790K $780K $770K $798K $745K $745K $770K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
93
4+ bdrms
198
250
200
192
62%
3 bdrms
56%
54%
54% 56%
343
150
47%
100
102
2 bdrms
20%
135
50
0
4 1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
17 8 47%
48 26 54%
194 121 62%
303 171 56%
95 51 54%
18 10 56%
5 1 20%
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