portm oody CONDO -AUGUST 2023
SALES TO LISTINGSRATIO 67% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 1.2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2022
▲ 6% VS 2022
▼ 41% VS 2022
▲ 113% VS 2022
Therewere51 condolistingsin PortM oodyin August, 23% below Julyand 41% lowerthan August2022. Augustcondosalesdecreased by17% m onth-over-m onth,to34,and were113% aboveAugust 2022. Thesales-to-listing ratio forcondosin PortM oody,at 67% ,reflected aselers'm arket. Thecondom edian pricein Augustwas$730,000,a6% decreasefrom Julyand 6% aboveAugust2022. Theaveragesold pricewas$734,991,13% below last m onth;theaveragePSF salepricewas$846,up 1.9% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
34 51
16 87
1.2% 5% 6% 263% 113% -41%
41 66
1.9% -13% -6% 7% -17% -23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$846 $734,991 $730,000 67%
$836 $703,213 $690,000 18%
$831 $849,697 $780,000 62%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
104
94
91
86
81
87
91
86
72
79
66
72
59
56
44
51
45
28
41
34
26
23
16
20
14
13
$780K $730K
$763K $711K
$713K $685K $734K $720K
$690K $688K $690K
$632K
$630K
PORTMOODY REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
100%+
4+ bdrms
20
90%
15
1 1
3 bdrms
50%
10
30%
24
2 bdrms
5
40
0
9
<$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
3 7 233%
21 19 90%
23 7 30%
2 1 50%
1 0 n/a
1 0 n/a
10
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