portm oody TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 55% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere22 townhom elistingsin PortM oodyin August,24% below Julyand 15% lowerthan August 2022. Augusttownhom esalesdecreased by43% m onth-over-m onth,to 12,and werethesam ein August 2022. Thesales-to-listingratio fortownhom esin PortM oody, at55% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$954,500,a 2% increasefrom Julyand 1.4% aboveAugust2022. Theaveragesold pricewas$1,051,667,4% abovelast m onth;theaveragePSF salepricewas$647,down 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 1.3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2022
▲ 1.4% VS 2022
▼ 15% VS 2022
0.0% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
12 22
12 26
-1.3% 11% 1.4% 18% 0% -15%
21 29
-25% -43% -24%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$647 $1,051,667 $954,500 55%
$656 $946,125 $941,500 46%
$685 $1,011,943 $933,000 72%
-6% 4% 2%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
26
29
25
28
24
22
22
21
21
22
20
19
19
14
16
15
15
12
12
12
12
1
8
6
6
5
$1.17M
$1.05M $996K
$1.04M $1.05M $1.04M $1.01M $1.09M
$1.02M
$942K
$933K $955K
$678K
PORTMOODY REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
10
1
100%
4+ bdrms
3
8
67%
10
6
3 bdrms
15
50%
4
1
2 bdrms
20%
2
2
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
2 0 n/a
2 2 100%
10 5 50%
5 1 20%
3 2 67%
0 2 n/a
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