sidney CONDO -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 2.1 SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 22% VS 2022
▲ 14% VS 2022
▼ 23% VS 2022
▼ 50% VS 2022
Therewere17 condolistingsin Sidneyin O ctober,6% aboveSeptem berand 23% lowerthan October2022. O ctobercondo salesrem ained the sam e m onth-over-m onth,at8,and were50% below O ctober 2022. Them onthsofinventoryforcondosin Sidney,at2.1, reflected aselers'm arket. Thecondom edian pricein Octoberwas$601,500,a3% increasefrom Septem berand 14% aboveO ctober2022. Theaveragesold pricewas$833,750,22% 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 2.1 8 17
16 22
10% 22% 14% 55% -50% -23%
$674 $682,688 $584,500 2.0 8 16
3% 6% 0% 6%
$710 $683,119 $527,500 138%
16% 22%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
17
31
30
25
25
22
22
14
23
18
16
16
17
15
18
14
12
17 14
13
15
10
12
10
10
8
8
8
3
$769K $789K
$737K
$597K $595K $639K
$590K
$582K
$585K $602K
$528K $556K $550K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
8
6.0
4+ bdrms
6
3 bdrms
2
4
2.0
5
2
1.0
1.0
2 bdrms
12
0
3 3
<$200K $200-$399K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 4 8 2.0 1 6 6.0 2 2 1.0 1 1 1.0
<2 bdrms
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