fraservaley board area CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,304 condolistingsin theFraserValey board areain Septem ber,6% aboveAugustand 44% higherthan Septem ber2021. Septem bercondo salesdecreased by 8% m onth-over-m onth,to 280,and were50% below Septem ber2021. Thesales-to-listing ratio forcondosin the FraserValey board area,at21% ,reflected aselers'm arket. Thecondom edian pricein Septem berwas$499,900,a 3% decreasefrom Augustand 6% aboveSeptem ber2021. Theaveragesold pricewas$525,338,3% below last m onth;theaveragePSF salepricewas$624,down 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2021
▲ 6% VS 2021
▲ 44% VS 2021
▼ 50% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 62% 562 905
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21% 280 1,304
-65% -50% 44%
25% 304 1,234
-3% -3% -3% -13% -8% 6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$624 $525,338 $499,900
$642 $540,021 $514,950
$576 $494,268 $473,250
8% 6% 6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,231
1,304
1,314
1,290
1,234
849
997
905
764
660
801
779
542
562
614
407
555
548
517
451
415
420
373
280
356
304
$572K $570K $567K $548K $540K
$529K $564K
$535K $515K $500K
$481K $510K
$473K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
700
2 1
600
4+ bdrms
500
18
400
3 bdrms
79
300
28% 25%
200
161
2 bdrms
17%
830
14% 14% 16%
100
10%
0
100
<$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
173 48 28%
675 170 25%
357 49 14%
59 8 14%
19 3 16%
10 1 10%
6 1 17%
5 0 n/a
393
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