portm oody CONDO -JULY 2023
SALES TO LISTINGSRATIO 62% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2022
▲ 7% VS 2022
▼ 8% VS 2022
▲ 64% VS 2022
Therewere66 condolistingsin PortM oodyin July,8% below Juneand 8% lowerthan July2022.
Julycondosalesdecreased by31% m onth-over-m onth,to 41,and were64% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin PortM oody,at 62% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
41 66
25 72
9% 14% 7% 79% 64% -8%
59 72
-3% 15% 8% -24% -31% -8%
Thecondom edian pricein Julywas$780,000,a8% increasefrom Juneand 7% aboveJuly2022. Theaveragesold pricewas$849,697,15% abovelast m onth;theaveragePSF salepricewas$831,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$831 $849,697 $780,000 62%
$761 $748,492 $732,000 35%
$853 $737,382 $720,000 82%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
104
94
91
87
86
81
91
86
72
79
66
72
72
59
56
44
45
28
41
26
23
25
20
16
14
13
$780K
$763K $711K
$732K $690K $688K $690K
$713K $685K $734K $720K
$632K
$630K
PORTMOODY REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
35
100%+
100%
4+ bdrms
30
25
67%
4
20
3 bdrms
53%
2
44%
15
10
30
2 bdrms
46
5
0
7
<$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
0 1 n/a
9 6 67%
34 15 44%
19 10 53%
3 5 167%
0 2 n/a
0 1 n/a
1 1 100%
18
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