fraservaley board area DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 28% SELLERS'M ARKET
▶ MARKETSUMMARY Therew ere 2,794 detached listingsin the FraserValey board areain June,10% aboveM ayand 11% lowerthan June2022. Junedetached hom esalesincreased by17% m onth-over-m onth,to772,and were81% aboveJune 2022. Thesales-to-listing ratio fordetached in the FraserValey board area,at28% ,reflected aselers'm arket.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 1.7% VS 2022
▼ 11% VS 2022
▲ 81% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
28% 772 2,794
14% 426 3,131
4% 1.7% 103% 81% -11%
26% 660 2,533
0.5% 0% 6% 17% 10%
Thedetachedm edian pricein Junewas$1,500,000,a0% changefrom M ayand 1.7% aboveJune2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,665,791,0.5% abovelast m onth and up 4% toJune2022.
$1,657,575 $1,500,000
$1,665,791 $1,500,000
$1,608,848 $1,475,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
3,131
2,699
3,041
2,794
2,533
2,810
2,344
1.76
1.76
1.73
2,541
1.61
1,939
1.58
1.59
1,998
1,858
1,848
1,752
591
772
363
327
313
258
660
426
213
591
342
325
323
$1.48M
$1.42M $1.34M
$1.43M $1.50M $1.50M
$1.32M $1.32M $1.24M
$1.28M $1.28M $1.31M $1.35M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
800
79%
600
400
45%
40%
40%
34%
30%
200
20%
14%
8%
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
64 29 45%
19 15 79%
119 41 34%
247 99 40%
497 198 40%
814 246 30%
373 76 20%
241 33 14%
420 35 8%
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