fraservaley board area TOWNHOME-MAY 202
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,244 townhom elistingsin theFraserValey board areain M ay,15% aboveApriland 47% higherthan May 2021. M aytownhom esalesdecreased by18% m onth-over-m onth,to320,and were55% below M ay 2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at26% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$870,000,a5% decreasefrom Apriland 21% aboveM ay2021. Theaveragesold pricewas$883,422,5% below last m onth;theaveragePSF salepricewas$564,down 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 21% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 22% VS 2021
▲ 21% VS 2021
▲ 47% VS 2021
▼ 55% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 83% 706 846
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
26% 320 1,244
21% 22% 21% -69% -55% 47%
36% 392 1,082
-29% -18% 15%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$564 $883,422 $870,000
$583 $933,310 $913,500
-3% -5% -5%
$466 $724,801 $720,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,244
1,082
924
787
846 706
710
628
625
552
514
508
438
567
416
512
479
320
447
447
409
392
320
376
290
200
$930K $970K $950K
$914K $870K
$824K $870K
$725K $729K $735K $765K $786K
$720K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
600
63
4+ bdrms
347
500
400
180
3 bdrms
631
300
38%
33%
200
29%
75
24%
21%
21% 19%
2 bdrms
263
100
0
3 2
<$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
14 3 21%
40 15 38%
263 87 33%
616 150 24%
227 48 21%
70 13 19%
14 4 29%
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