fraservaley board area CONDO -JUNE 202
SALES TO LISTINGSRATIO 31% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,314 condolistingsin theFraserValey board areain June,7% aboveM ayand 3% higherthan June2021. Junecondo salesdecreased by9% m onth-over-m onth,to 409,and were33% below June2021.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 31% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 23% VS 2021
▲ 20% VS 2021
▲ 3% VS 2021
▼ 33% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the FraserValey board area,at31% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
31% 409 1,314
48% 614 1,271
31% 23% 20% -36% -33% 3%
37% 451 1,231
4% 3% -1.5% -15% -9% 7%
Thecondom edian pricein Junewas$540,000,a1.5% decreasefrom M ayand 20% aboveJune2021. Theaveragesold pricewas$578,202,3% abovelast m onth;theaveragePSF salepricewas$696,up 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$696 $578,202 $540,000
$670 $562,917 $548,000
$529 $469,556 $450,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,231
1,314
1,271
1,163
905
849
997
937
764
660
801
779
598
542
614
614
562
555
555
550
517
409
451
415
420
373
$572K $570K $566K $548K $540K
$529K $564K
$481K $510K
$450K $450K $465K $473K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
700
600
4+ bdrms
1
500
67%
18
400
3 bdrms
91
300
36%
31%
30%
200
243
26%
24%
21%
2 bdrms
811
100
0
148
<$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
119 31 26%
678 247 36%
407 99 24%
60 18 30%
28 6 21%
13 4 31%
6 4 67%
3 0 n/a
411
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