portm oody CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 45% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2022
▲ 9% VS 2022
▼ 24% VS 2022
▲ 9% VS 2022
Therewere55 condolistingsin PortM oodyin O ctober, 4% below Septem berand 24% lowerthan October2022. O ctobercondosalesincreased by47% m onth-over-m onth,to 25,and were9% aboveO ctober 2022. Thesales-to-listing ratio forcondosin PortM oody,at 45% ,reflected aselers'm arket. Thecondom edian pricein Octoberwas$750,000,a1.2% increasefrom Septem berand 9% aboveO ctober2022. Theaveragesold pricewas$761,908,0.2% abovelast m onth;theaveragePSF salepricewas$849,down 0.9% tolastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
25 55
23 72
9% 9% 9% 42% 9% -24%
17 57
52% 47% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$849 $761,908 $750,000 45%
$780 $698,043 $690,000 32%
$856 $760,118 $741,000 30%
-0.9% 0.2% 1.2%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
104
94
91
86
91
86
79
66
72
72
57
56
51
55
59
44
34
45
41
26
25
23
20
17
14
13
$780K $730K $741K $750K
$763K $711K
$713K $685K $734K $720K
$690K
$632K
$630K
PORTMOODY REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
4+ bdrms
20
15
3 bdrms
3
50% 52%
50%
47%
10
19
2 bdrms
20%
5
40
0
6
<$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
6 3 50%
23 12 52%
17 8 47%
5 1 20%
2 1 50%
1 0 n/a
1 0 n/a
12
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