fraservaley board area CONDO -JULY 202
SALES TO LISTINGSRATIO 28% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere1,290 condolistingsin theFraserValey board areain July,-1.8% below Juneand 11% higherthan July2021. Julycondosalesdecreased by13% m onth-over-m onth,to 356,and were36% below July2021.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 24% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 20% VS 2021
▲ 19% VS 2021
▲ 11% VS 2021
▼ 36% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin the FraserValey board area,at28% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
28% 356 1,290
48% 555 1,163
24% 20% 19% -42% -36% 11%
31% 408 1,314
-5% -4% -0.9% -11% -13% -1.8%
Thecondom edian pricein Julywas$535,000,a0.9% decreasefrom Juneand 19% aboveJuly2021. Theaveragesold pricewas$556,003,4% below last m onth;theaveragePSF salepricewas$658,down 5% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$658 $556,003 $535,000
$695 $578,002 $539,800
$530 $463,451 $449,800
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,231
1,290
1,163
1,314
905
849
997
779
937
764
660
801
598
542
555
614
408
562
555
548
517
451
356
415
420
373
$564K $572K $570K
$567K $548K $540K $535K
$510K $529K
$450K $465K $473K $481K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
700
600
4+ bdrms
2
500
18
400
3 bdrms
93
300
34%
29%
200
28%
211
2 bdrms
20% 20%
19%
16%
817
100
0
127
<$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
134 37 28%
661 225 34%
384 73 19%
64 10 16%
28 8 29%
10 2 20%
5 1 20%
4 0 n/a
378
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