portm oody DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere65 detachedlistingsin PortM oodyin O ctober,7% below Septem berand 33% higherthan October2022. O ctoberdetached hom esalesincreased by 15% m onth-over-m onth,to15,and were36% aboveO ctober 2022. Thesales-to-listing ratio fordetached in PortM oody,at 23% ,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$1,792,500,a 10% decreasefrom Septem berand 0.4% below O ctober 2022. Theaveragesold pricewas$1,802,900,16% below last m onth and down 9% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 9% VS 2022
▼ 0.4% VS 2022
▲ 33% VS 2022
▲ 36% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
15 65
11 49
36% 33%
13 70
-16% -10% 24% 15% -7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,802,900 $1,792,500 23%
$2,155,308 $1,998,000 19%
$1,980,591 $1,800,000 22%
-9% -0.4% 3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
68
70
65
66
55
63
2.15
46
49
43
41
1.85
40
40
1.69
1.54
32
22
21
18
1.29
12
1
1.25
15
16
1
15
13
4
12
8
$2.10M
$2.02M
$2.00M
$1.92M $1.81M
$1.80M $1.89M $1.85M
$1.79M
$1.78M $1.82M $1.87M
$1.67M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
100%+
20
83%
15
10
5
11%
9%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
1 0 n/a
1 2 200%
12 10 83%
18 2 11%
11 1 9%
22 0 n/a
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