fraservaleyboardarea TOWNHOME-JUNE 2021
SALESTO LISTINGSRATIO 72% SELLER'SMARKET
▶ MARKETSUMMARY Therewere785townhomelistingsintheFraserValey boardareainJune,7%belowMayand36%lowerthan June2020. Junetownhomesalesdecreasedby20% month-over-month,to568,andwere26%aboveJune 2020. Thesales-to-listingratiofortownhomesintheFraser Valeyboardarea,at72%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$725,000,a 0.7%increasefromMayand25%aboveJune2020. Theaveragesoldpricewas$733,680,1.2%abovelast month;theaveragePSFsalepricewas$466,up0.0%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2020
▲ 25% VS2020
▼ 36% VS2020
▲ 26% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 83% 706 846
%Change
TOTALLISTINGS TOTALSALES
72% 568 785
37% 451 1,226
24% 23% 25% 97% 26% -36%
0% 1.2% 0.7% -13% -20% -7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$466 $733,680 $725,000
$466 $724,801 $720,000
$376 $596,117 $579,900
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,250
1,31
1,179
1,226
1,267
1,002
872 846
788 775
785
687
659
612
759
560
706
506
568
641
558
451
533
531
517
462
$728K
$720K
$725K
$705K
$660K
$640K
$615K
$604K
$608K
$600K
$593K
$580K
$585K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
400
143
100%
4+bdrms
91%
201
83%
300
69%
307
60%
3bdrms
429
200
33%
115
100
2bdrms
14%
150
0
5 3
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
28 4 14%
145 87 60%
394 326 83%
184 127 69%
23 21 91%
6 2 33%
4 0 n/a
1 1 100%
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