view royal DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 4.3 SELLERS'M ARKET
▶ MARKETSUMMARY Therewere17 detached listingsin View Royalin O ctober,29% below Septem berand 6% higherthan October2022. O ctoberdetached hom esalesrem ained the sam e m onth-over-m onth,at4,and were50% below O ctober 2022. Them onthsofinventory fordetached in View Royal,at 4.3,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$1,216,250,a 7% increasefrom Septem berand 27% aboveO ctober 2022. Theaveragesold pricewas$1,348,125,2% below last m onth and up 36% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 36% VS 2022
▲ 27% VS 2022
▲ 6% VS 2022
▼ 50% VS 2022
THISMONTH No. $1,348,125 $1,216,250 4.3 4 17
PREVIOUSMONTH No.
PREVIOUSYEAR
No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
$988,125 $957,500 200% 8 16
113% -50% 6%
$1,376,625 $1,140,750 6.0 4 24
-2% 7% -29% 0% -29%
36% 27%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
32
24
21
30
16
16
14
14
17
13
15
14
1
9
1
6 1
7
8
17
8
7
4
4
5
5
1
3
3
$1.27M
$1.25M
$1.25M
$1.14M $1.22M
$1.12M $1.10M $1.07M
$1.00M
$958K $920K $975K
$922K
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
6
3.0
5
4
3
1.0
1.0
2
1
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 4 n/a
2 6 3.0
1 1 1.0
0 4 n/a
1 1 1.0
0 1 n/a
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