peninsula CONDO -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 5.3 BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 17% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 25% VS 2022
▲ 11% VS 2022
▲ 75% VS 2022
▼ 67% VS 2022
Therewere42 condolistingsin thePeninsulain O ctober, 24% aboveSeptem berand 75% higherthan O ctober 2022. O ctobercondosalesdecreased by38% m onth-over-m onth,to 8,and were67% below O ctober 2022. Them onthsofinventory forcondosin thePeninsula,at 5.3,reflected abalanced m arket. Thecondom edian pricein Octoberwas$601,500,a7% increasefrom Septem berand 11% aboveO ctober2022. Theaveragesold pricewas$833,750,28% abovelast m onth;theaveragePSF salepricewas$780,up 16% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$780 $833,750 $601,500 5.3 8 42
24 24
425% -67% 75%
13 34
101% -38% 24%
$669 $664,767 $543,500 100%
$670 $650,207 $560,000 2.6
16% 28% 7%
17% 25% 11%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
21
42
37
35
33
32
29
34
31
24 24
28
17 27
20
25
18
23 18
14
14
13
12
16
14
13
8
9
6
$784K $776K
$745K
$655K
$639K
$595K
$578K $585K
$582K
$560K $602K
$544K $581K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
20
22.0
4+ bdrms
15
3 bdrms
2
10
5
2 bdrms
5
26
3.5
2.0
1.0
0
3
<$200K $200-$399K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 4 14 3.5 1 22 22.0 2 4 2.0 0 1 n/a 1 1 1.0
<2 bdrms
14
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