peninsula TOWNHOME-OCTOBER 2 0 2 3
MONTHS OF INVENTORY 4.1 SELLERS'M ARKET
▶ MARKETSUMMARY Therewere29townhom elistingsin thePeninsulain O ctober,nochangetoSeptem berand 32% higherthan October2022. O ctobertownhom esalesdecreased by50% m onth-over-m onth,to 7,and were17% aboveO ctober 2022. Them onthsofinventoryfortownhom esin thePeninsula, at4.1,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$729,900,a 16% decreasefrom Septem berand 10% below O ctober 2022. Theaveragesold pricewas$879,771,2% below last m onth;theaveragePSF salepricewas$608,up 1.6% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 15% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 20% VS 2022
▼ 10% VS 2022
▲ 32% VS 2022
▲ 17% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$608 $879,771 $729,900 4.1 7 29
$528 $1,100,500 $810,000 367% 6 22
15% -20% -10% 13% 17% 32%
14 29
1.6% -2% -16% 100% -50% 0%
$598 $901,789 $868,125 2.1
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
34
31
29
29
29
25
25
23
21
21
22
22
17
19
14
23
16
15
10
13
9
1
8
8
6
7
15
4
4
$983K
$904K $888K
$900K $913K $900K
$868K
$810K
$792K
$782K
$731K
$730K
$671K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
6
2.0
2.0
4+ bdrms
5
5
1.5 1.5
4
4
3 bdrms
16
3
2
3
2 bdrms
7
1
0
<2 bdrms
<$600K $600K-699K $700K-799K $800K-899K $900K-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 0 2 n/a 2 3 1.5 2 3 1.5 0 6 n/a 2 4 2.0 0 3 n/a 0 6 n/a 1 2 2.0
1
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