fraservaley board area DETACHED -SEPTEMBER 202
SALES TO LISTINGSRATIO 12% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 2,684 detached listingsin the FraserValey board areain Septem ber,4% below Augustand 54% higherthan Septem ber2021. Septem berdetached hom esalesdecreased by 10% m onth-over-m onth,to 325,and were56% below Septem ber2021. Thesales-to-listing ratio fordetached in the FraserValey board area,at12% ,reflected abalanced m arket. Thedetached m edian pricein Septem berwas $1,320,000,a1.5% decreasefrom Augustand 7% below Septem ber2021. Theaveragesold pricewas$1,427,082,3% below last m onth and down 6% toSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2021
▼ 7% VS 2021
▲ 54% VS 2021
▼ 56% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
12% 325 2,684
43% 744 1,741
-72% -56% 54%
13% 362 2,798
-3% -1.5% -6% -10% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,476,344 $1,340,000
$1,427,082 $1,320,000
$1,525,574 $1,412,500
-6% -7%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
3,122
2,957
3,031
2,684
2,798
1.85
2,227
2,581
1.70
1.69
1.62
1,788
1.56
1.53
1,741
1,306
1,514
1,014
909
806
777
1,054
744
426
739
362
694
608
522
325
484
344
$1.75M $1.78M $1.70M
$1.61M $1.53M $1.48M
$1.45M $1.56M $1.58M
$1.41M
$1.42M $1.34M $1.32M
Sep-21
Aug-22
Sep-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
700
600
500
400
300
28%
28%
200
20%
19%
18%
100
9%
7%
4%
2%
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
88 18 20%
31 6 19%
144 40 28%
261 72 28%
467 83 18%
715 66 9%
340 15 4%
246 17 7%
392 8 2%
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