fraservaley board area TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 21% BALANCEDM ARKET
▶ MARKETSUMMARY Therewere751 townhom elistingsin theFraserValey board areain D ecem ber,21% below N ovem berand 276% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by19% m onth-over-m onth,to154,and were63% below D ecem ber2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at21% ,reflected abalanced m arket. Thetownhom em edian pricein D ecem berwas$745,000, a7% decreasefrom N ovem berand 14% below D ecem ber 2021. Theaveragesold pricewas$742,267,8% below last m onth;theaveragePSF salepricewas$480,down 6% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 16% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 14% VS2021
▼ 14% VS2021
▲ 276% VS2021
▼ 63% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 417 200
%Change -16% -14% -14% -90% -63% 276%
No. 20% 189 945
%Change
TOTALLISTINGS TOTALSALES
21% 154 751
-19% -21%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$572 $866,519 $870,000 209%
-6% -8% -7% 3%
$480 $742,267 $745,000
$510 $809,737 $798,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,307
1,248
1,330
1,17
1,156
945
924
1,084
1,001
628
621
751
361
417
320
283
444
245
391
360
290
200
234
236
154
189
$970K $950K $913K
$870K $855K $843K
$870K $930K
$790K $780K $770K $798K $745K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
31
4+bdrms
250
209
200
82
57%
3bdrms
381
150
100
28%
40
2bdrms
14% 12%
155
50
4%
3%
0
1
<$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
26 1 4%
56 32 57%
238 66 28%
298 43 14%
95 11 12%
32 1 3%
6 0 n/a
6
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