fraservaley board area DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 2,332 detached listingsin the FraserValey board areain N ovem ber,8% below O ctoberand 79% higherthan N ovem ber2021. N ovem berdetached hom esalesdecreased by4% m onth-over-m onth,to 313,and were61% below N ovem ber2021. Thesales-to-listing ratio fordetached in the FraserValey board area,at13% ,reflected abalanced m arket. Thedetached m edian pricein N ovem berwas $1,235,000,a6% decreasefrom O ctoberand 21% below N ovem ber2021. Theaveragesold pricewas$1,328,310,8% below last m onth and down 22% toN ovem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 22% VS 2021
▼ 21% VS 2021
▲ 79% VS 2021
▼ 61% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13% 313 2,332
62% 806 1,306
-22% -21% -78% -61% 79%
13% 326 2,528
-8% -6% 4% -4% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,442,525 $1,314,000
$1,328,310 $1,235,000
$1,692,488 $1,555,278
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
3,122
2,957
2,684
3,031
2,528
2,798
1.89
2,227
2,581
2,332
1.71
1.63
1.61
1,788
1.55
1.52
1,306
1,013
909
1,054
806
426
739
362
694
326
606
521
484
313
343
325
$1.70M $1.61M $1.75M $1.78M
$1.56M $1.58M
$1.53M $1.48M $1.42M
$1.34M $1.32M $1.31M $1.24M
Nov-21
Oct-22
Nov-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
600
500
400
300
41%
37%
34%
200
24%
16%
100
11%
9%
2%
1%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
90 22 24%
41 15 37%
113 46 41%
217 74 34%
414 65 16%
598 51 9%
275 30 11%
212 5 2%
372 5 1%
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