fraservaley board area TOWNHOME-OCTOBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,001 townhom elistingsin theFraserValey board areain O ctober,10% below Septem berand 145% higherthan October2021. O ctobertownhom esalesincreased by4% m onth-over-m onth,to 245,and were52% below O ctober 2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$770,000,a 1.3% decreasefrom Septem berand 2.0% below O ctober 2021. Theaveragesold pricewas$778,263,3% below last m onth;theaveragePSF salepricewas$513,up 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.9% VS 2021
▼ 2.0% VS 2021
▲ 145% VS 2021
▼ 52% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 508 409
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24% 245 1,001
3% -1.9% -2% -80% -52% 145%
21% 236 1,116
3% -3% -1.3% 16% 4% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$499 $793,258 $785,500 124%
$513 $778,263 $770,000
$500 $798,356 $780,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,246
1,327
1,304
1,16
1,155
924
1,082
1,001
628
622
438
409 508
416
361
320
444
281
391 360
376
245
290
234
236
200
$970K $949K $913K
$870K $930K
$870K $855K $843K
$786K $824K
$790K $780K $770K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
49
4+ bdrms
260
300
113
3 bdrms
535
200
38% 38%
35%
82
100
2 bdrms
18% 19%
195
11%
4%
0
1
<$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
21 8 38%
78 30 38%
301 104 35%
406 75 18%
133 25 19%
53 2 4%
9 1 11%
11
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