fraservaleyboardarea TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 87% SELLERS'MARKET
▶ MARKETSUMMARY Therewere514townhomelistingsintheFraserValey boardareainSeptember,7%belowAugustand61% lowerthanSeptember2020. Septembertownhomesalesdecreasedby13% month-over-month,to448,andwere20%below September2020. Thesales-to-listingratiofortownhomesintheFraser Valeyboardarea,at87%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $765,000,a4%increasefromAugustand29%above September2020. Theaveragesoldpricewas$776,909,5%abovelast month;theaveragePSFsalepricewas$491,up2%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 28% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 28% VS2020
▲ 28% VS2020
▼ 61% VS2020
▼ 20% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 93% 513 552
%Change
TOTALLISTINGS TOTALSALES
87% 448 514
43% 558 1,311
105% -20% -61%
2% 5% 4% -6% -13% -7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$491 $776,909 $765,000
$481 $739,303 $735,000
$382 $606,921 $593,450
28% 28% 29%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,31
1,179
1,002
872 846
786
787
775
710
687
612
759
552
706
659 506
558
641
514 448
567
533
531
513
479
462
$765K
$735K
$728K
$729K
$720K
$725K
$705K
$660K
$640K
$608K
$615K
$604K
$593K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
107
100%+
200
94%
4+bdrms
127
88%
150
253 255
60%
3bdrms
100
40%
83
25%
24%
2bdrms
50
130
0
4 3
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
21 5 24%
78 47 60%
209 220 105%
156 137 88%
36 34 94%
10 4 40%
4 1 25%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 12 ●
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