fraservaley board area TOWNHOME-NOVEMBER 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY Therewere944 townhom elistingsin theFraserValey board areain N ovem ber,6% below O ctoberand 151% higherthan N ovem ber2021. N ovem bertownhom esalesdecreased by23% m onth-over-m onth,to 189,and were57% below N ovem ber2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at20% ,reflected abalanced m arket. Thetownhom em edian pricein N ovem berwas$798,000, a4% increasefrom O ctoberand 3% below N ovem ber 2021. Theaveragesold pricewas$809,737,4% abovelast m onth;theaveragePSF salepricewas$510,down 0.6% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.7% VS 2021
▼ 3% VS 2021
▲ 151% VS 2021
▼ 57% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 438 376
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
20% 189 944
-5% -1.7% -3% -83% -57% 151%
25% 245 1,000
-0.6% 4% 4% -18% -23% -6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$534 $823,841 $823,500 116%
$510 $809,737 $798,000
$513 $778,263 $770,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,246
1,327
1,304
1,16
1,155
924
1,082
944
1,000
628
622
376 438
416
361
320
444
281
245
391
360
290
189
234
236
200
$930K $970K $949K
$913K $870K $855K
$843K $790K
$824K $870K
$780K $770K $798K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
350
43
4+ bdrms
300
246
250
100
200
3 bdrms
491
150
46
100
24% 25%
2 bdrms
20%
17%
197
50
8%
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
28 0 n/a
93 22 24%
299 74 25%
354 70 20%
115 19 17%
48 4 8%
7 0 n/a
10
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