fraservaleyboardarea DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 43% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,741detachedlistingsintheFraserValey boardareainSeptember,6%belowAugustand42% lowerthanSeptember2020. Septemberdetachedhomesalesdecreasedby11% month-over-month,to746,andwere27%below September2020. Thesales-to-listingratiofordetachedintheFraserValey boardarea,at43%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,412,500,a4%increasefromAugustand35%above September2020. Theaveragesoldpricewas$1,524,808,3%abovelast monthandup31%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 31% VS2020
▲ 35% VS2020
▼ 42% VS2020
▼ 27% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
43% 746 1,741
1,022 3,019
31% 35% 27% -27% -42%
46% 841 1,843
3% 4% -6% -11% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,167,098 $1,049,000 34%
$1,483,749 $1,358,000
$1,524,808 $1,412,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
2,944
3,019
2,828
2,778
2,584
2,304
2,238
1.85
1.85
1.77
2,185
1.62
1.58
1,597
1,741
1,530
1.52
1,843
1,322
1,184
1,515
1,520
1,071
1,048
1,382
1,022
841
968
961
746
850
743
$1.41M
$1.36M
$1.34M
$1.33M
$1.33M
$1.31M
$1.29M
$1.28M
$1.22M
$1.15M
$1.10M
$1.06M
$1.05M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
400
91%
300
75%
69%
61%
200
50%
30%
24%
100
8%
6%
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-LRATIO SALES INVENTORY
69 21 30%
20 10 50%
73 55 75%
165 150 91%
291 200 69%
368 223 61%
201 49 24%
168 13 8%
386 25 6%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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