colwood TOWNHOME-OCTOBER 2 0 2 3
MONTHS OF INVENTORY 10.0 BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.0% VS 2022
▲ 2% VS 2022
▲ 11% VS 2022
▼ 60% VS 2022
Therewere20 townhom elistingsin Colwood in O ctober, 5% below Septem berand 11% higherthan October2022. O ctobertownhom esalesdecreased by75% m onth-over-m onth,to 2,and were60% below O ctober 2022. Them onthsofinventory fortownhom esin Colwood,at 10.0,reflected abuyers'm arket. Thetownhom em edian pricein Octoberwas$768,648,a 1.4% increasefrom Septem berand 2% aboveO ctober 2022. Theaveragesold pricewas$768,648,7% below last m onth;theaveragePSF salepricewas$539,up 4% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$539 $768,648 $768,648 10.0 2 20
$524 $760,793 $750,000 360% 5 18
178% -60% 11%
$516 $826,049 $757,698 2.6 8 21
4% -7% 1.4% 281% -75% -5%
3% 1% 2%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
103
26 26
23
20
21
17
18
16
15
15
15
1
14
14
10
8
8
6
9
5
5
5
1
2
3
3
28
$795K
$785K $795K $758K $769K
$750K
$734K $725K
$730K $743K
$605K
$597K $625K
16
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
5
1.5
4+ bdrms
2
4
2
3
3 bdrms
13
2
2 bdrms
5
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 4 n/a 2 3 1.5 0 2 n/a 0 5 n/a 0 5 n/a 0 1 n/a
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