fraservaley board area TOWNHOME-JUNE 2023
SALES TO LISTINGSRATIO 59% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere810 townhom elistingsin theFraserValey board areain June,1.5% aboveM ayand 39% lowerthan June2022. Junetownhom esalesincreased by7% m onth-over-m onth,to477,and were32% aboveJune 2022. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at59% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$851,300,a 0.2% increasefrom M ayand 0.4% below June2022. Theaveragesold pricewas$861,899,1.1% abovelast m onth;theaveragePSF salepricewas$542,up 0.9% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.2% VS 2022
▼ 0.4% VS 2022
▼ 39% VS 2022
▲ 32% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 56% 445 798
% Change
TOTALLISTINGS TOTALSALES
59% 477 810
27% 361 1,330
-3% -0.2% -0.4% 117% 32% -39%
0.9% 1.1% 0.2% 6% 7% 1.5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$542 $861,899 $851,300
$537 $852,883 $850,000
$559 $863,531 $855,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,330
1,307
1,17
1,156
945
1,001
798
810
684
751
684
679
661 389
445
477
283
361
245
388
242
234
235
189
154 169
$855K $843K
$808K $839K $850K $851K
$790K $780K $770K $798K $745K $745K $770K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
110
4+ bdrms
252
300
75%
254
62% 62%
58% 60%
3 bdrms
200
406
47%
40%
109
100
2 bdrms
148
0
4 4
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
16 12 75%
39 24 62%
226 139 62%
376 217 58%
107 64 60%
36 17 47%
10 4 40%
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