fraservaley board area CONDO -AUGUST 202
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,234 condolistingsin theFraserValey board areain August,4% below Julyand 32% higherthan August2021. Augustcondosalesdecreased by15% m onth-over-m onth,to304,and were49% below August 2021. Thesales-to-listing ratio forcondosin the FraserValey board area,at25% ,reflected aselers'm arket. Thecondom edian pricein Augustwas$514,950,a4% decreasefrom Julyand 11% aboveAugust2021. Theaveragesold pricewas$540,021,3% below last m onth;theaveragePSF salepricewas$642,down 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2021
▲ 11% VS 2021
▲ 32% VS 2021
▼ 49% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 64% 598 937
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
25% 304 1,234
14% 10% 11% -61% -49% 32%
28% 356 1,290
-11% -15% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$642 $540,021 $514,950
$658 $556,003 $535,000
-2% -3% -4%
$562 $489,516 $465,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,231
1,314
1,234
1,290
905
937
849
997
764
660
801
779
542
598
614
407
562
555
548
517
451
415
420
304
373
356
$572K $570K $567K
$548K $540K $535K $515K
$529K $564K
$481K $510K
$465K $473K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
600
4+ bdrms
4
500
400
16
3 bdrms
93
300
33%
200
191
2 bdrms
18%
17% 16%
17%
769
100
0
97
<$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
157 28 18%
618 206 33%
351 59 17%
61 10 16%
26 0 n/a
11 0 n/a
6 1 17%
4 0 n/a
368
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