malahat DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 5.6 BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 16% VS 2022
▲ 13% VS 2022
▲ 36% VS 2022
0.0% VS 2022
Therew ere 106 detached listingsin M alahatin O ctober, 5% below Septem berand 36% higherthan October2022. O ctoberdetached hom esalesincreased by 19% m onth-over-m onth,to 19,and were thesam ein O ctober 2022. Them onthsofinventory fordetached in M alahat,at5.6, reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,049,900,a 8% increasefrom Septem berand 13% aboveO ctober 2022. Theaveragesold pricewas$1,127,258,8% abovelast m onth and up 16% toOctober2022.
THISMONTH No. $1,127,258 $1,049,900 5.6 19 106
PREVIOUSMONTH No.
PREVIOUSYEAR
No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
19 78
16% 13% 36% 0% 36%
$1,047,938 $975,000 7.0 16 112
8% 8% -20% 19% -5%
$971,206 $930,000 411%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
41
41
14
12
106
92
101
100
79
78
32
66
54 26
50
48 48
30
23
22
17
19
19
10 10
23
22
16
12
$1.06M
$1.05M $1.02M $978K
$975K $1.05M
$970K
$930K
$933K $884K
$899K
$833K
$818K
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
30
7.5
25
7.0
6.7
20
4.7
4.5
4.2
15
10
5
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+
MOI INVENTORY SALES
0 1 n/a
2 15 7.5
6 28 4.7
5 21 4.2
3 20 6.7
1 7 7.0
2 9 4.5
0 2 n/a
0 2 n/a
0 1 n/a
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