fraservaley board area DETACHED -JUNE 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 3,117 detached listingsin the FraserValey board areain June,5% aboveM ayand 21% higherthan June2021. Junedetached hom esalesdecreased by12% m onth-over-m onth,to428,and were55% below June 2021. Thesales-to-listing ratio fordetached in the FraserValey board area,at14% ,reflected abalanced m arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2021
▲ 14% VS 2021
▲ 21% VS 2021
▼ 55% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14% 428 3,117
37% 958 2,584
12% 14% -63% -55% 21%
16% 487 2,957
-17% -12% 5%
Thedetachedm edian pricein Junewas$1,475,000,a4% decreasefrom M ayand 14% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,613,915,2% below last m onth and up 12% toJune2021.
$1,648,698 $1,530,000
-2% -4%
$1,613,915 $1,475,000
$1,446,062 $1,291,250
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
2,957
3,17
2,584
1.78
1.76
2,227
2,581
1.73
1.61
1.59
1.58
2,185
1,788
1,741
1,843
1,306
1,514
1,021
909
840
806
958
1,054
850
777
744
744
696
610
428
523
487
$1.70M $1.61M $1.75M $1.78M
$1.56M $1.58M
$1.53M $1.48M
$1.36M $1.41M $1.45M
$1.29M $1.31M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
1000
800
600
400
37%
30%
30%
18%
200
15%
13%
10%
5%
4%
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
69 21 30%
27 8 30%
104 16 15%
218 80 37%
554 98 18%
980 129 13%
400 40 10%
305 16 5%
460 20 4%
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