fraservaley board area TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 44% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere852 townhom elistingsin theFraserValey board areain July,5% aboveJuneand 35% lowerthan July2022. Julytownhom esalesdecreased by21% m onth-over-m onth,to 376,and were61% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at44% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$848,944,a 0.3% decreasefrom Juneand 0.8% aboveJuly2022. Theaveragesold pricewas$846,717,1.8% below last m onth;theaveragePSF salepricewas$537,down 0.9% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.2% VS 2022
▲ 0.8% VS 2022
▼ 35% VS 2022
▲ 61% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 59% 477 811
% Change
TOTALLISTINGS TOTALSALES
44% 376 852
18% 234 1,307
0.5% -0.2% 0.8% 146% 61% -35%
-0.9% -1.8% -0.3% -25% -21% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$537 $846,717 $848,944
$542 $861,899 $851,300
$535 $848,704 $842,500
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,307
1,17
1,156
945
1,001
798
852
684
81
751
684
389 661 679
477
445
376
283
245
388
234
242
235
189
169
154
$843K
$808K $839K $850K $851K $849K
$790K $780K $770K $798K $745K $745K $770K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
86
4+ bdrms
257
300
79%
193
3 bdrms
422
200
48% 48%
42%
34%
94
25%
2 bdrms
100
16%
169
0
4 3
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
14 11 79%
45 19 42%
231 110 48%
386 184 48%
127 43 34%
37 6 16%
12 3 25%
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