fraservaley board area TOWNHOME-AUGUST 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,155 townhom elistingsin theFraserValey board areain August,11% below Julyand 109% higher than August2021. Augusttownhom esalesincreased by20% m onth-over-m onth,to281,and were45% below August 2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at24% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$790,000,a 6% decreasefrom Julyand 7% aboveAugust2021. Theaveragesold pricewas$807,257,5% below last m onth;theaveragePSF salepricewas$512,down 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2021
▲ 7% VS 2021
▲ 109% VS 2021
▼ 45% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 93% 512 552
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24% 281 1,155
-74% -45% 109%
18% 235 1,304
35% 20% -11%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$512 $807,257 $790,000
$534 $848,263 $840,000
-4% -5% -6%
$481 $739,621 $735,000
6% 9% 7%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,246
1,3271,304
1,155
924
1,082
628
622
514
508
552
438
416
362
512
320
447
445
409
391
376
360
281
290
235
200
$930K $970K $949K
$913K $870K $855K
$840K $790K
$824K $870K
$735K $765K $786K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
500
49
4+ bdrms
294
400
151
300
3 bdrms
618
200
37%
28% 27%
80
2 bdrms
19%
16%
100
238
13%
10%
0
5 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
18 5 28%
74 20 27%
344 126 37%
510 98 19%
153 25 16%
46 6 13%
10 1 10%
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