peninsula DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 5.2 BALANCEDMARKET
▶ MARKETSUMMARY Therewere129 detached listingsin thePeninsulain O ctober,0.8% aboveSeptem berand 19% higherthan October2022. O ctoberdetached hom esalesdecreased by 17% m onth-over-m onth,to 25,and were7% below O ctober 2022. Them onthsofinventory fordetached in thePeninsula,at 5.2,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,200,000,a 4% decreasefrom Septem berand 12% aboveO ctober 2022. Theaveragesold pricewas$1,446,192,6% abovelast m onth and up 13% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 13% VS 2022
▲ 12% VS 2022
▲ 19% VS 2022
▼ 7% VS 2022
THISMONTH No. $1,446,192 $1,200,000 5.2 25 129
PREVIOUSMONTH No.
PREVIOUSYEAR
No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,274,930 $1,070,000 400% 27 108
13% 12% 29% -7% 19%
$1,368,500 $1,252,500 4.3 30 128
6% -4% 21% -17% 0.8%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
24
129
128
125
108
124
106
12
91
90
20
68
17
68
65
47
62
37
33
28
27
27
34
33
25
30
28
14 15
$1.55M
$1.38M
$1.34M $1.25M
$1.26M $1.33M
$1.25M $1.20M
$1.21M $1.24M
$1.07M $1.13M
$1.07M
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
30
24+
25
20
15
13.0
10.0
10
9.0
6.0
5
3.8
2.6
2.2
0
<$600K
$600-799K
$800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.74M $1.75M -1.99M $2.0M -2.49M $2.5M -2.99M
$3M+ 1 28 28.0
MOI INVENTORY SALES
0 2 n/a
5 13 2.6
9 20 2.2
5 19 3.8
1 13 13.0
1 6 6.0
2 18 9.0
1 10 10.0
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