view royal TOWNHOME-OCTOBER 2 0 2 3
MONTHS OF INVENTORY 2.8 SELLERS'M ARKET
▶ MARKETSUMMARY Therewere14 townhom elistingsin View Royalin O ctober,17% aboveSeptem berand 27% higherthan October2022. O ctobertownhom esalesrem ained thesam e m onth-over-m onth,at5,and were44% below O ctober 2022. Them onthsofinventory fortownhom esin View Royal, at2.8,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$889,900,a 31% increasefrom Septem berand 9% aboveO ctober 2022. Theaveragesold pricewas$865,760,33% abovelast m onth;theaveragePSF salepricewas$436,up 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2022
▲ 9% VS 2022
▲ 27% VS 2022
▼ 44% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$436 $865,760 $889,900 2.8 5 14
$479 $799,989 $819,900 122% 9 11
129% -44% 27%
$418 $651,000 $680,000 2.4 5 12
4% 33% 31% 17% 0% 17%
-9% 8% 9%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
22
15
14
13
1
1
1
12
18
18
10
9
6
7
5
5
4
4 4
5
3
4
4 4
4
3
1
2
1
$890K
$875K
$839K $800K $809K
$820K
$772K
$745K $770K $770K $770K
$680K
$675K
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
1
4.0
4+ bdrms
4
6
3.0
4
3 bdrms
9
4
1.0
2 bdrms
2
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 1 0 n/a 0 2 n/a 2 8 4.0 1 3 3.0 1 1 1.0
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