fraservaleyboardarea TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 208% SELLERS'MARKET
▶ MARKETSUMMARY Therewere200townhomelistingsintheFraserValey boardareainDecember,47%belowNovemberand70% lowerthanDecember2020. Decembertownhomesalesdecreasedby5% month-over-month,to416,andwere18%below December2020. Thesales-to-listingratiofortownhomesintheFraser Valeyboardarea,at208%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$870,000, a6%increasefromNovemberand41%aboveDecember 2020. Theaveragesoldpricewas$867,662,5%abovelast month;theaveragePSFsalepricewas$573,up7%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 46% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 41% VS2020
▲ 41% VS2020
▼ 70% VS2020
▼ 18% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 77% 506 659
%Change
No. 438 376
%Change
TOTALLISTINGS TOTALSALES
416 200
171% -18% -70%
7% 5% 6% 79% -5% -47%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$573 $867,662 $870,000 208%
$534 $823,841 $823,500 116%
$393 $616,768 $615,000
46% 41% 41%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
786
775
872
846
710
687
787
759
659
706
552
641
514
509
567
506
438
531
512
479
416
462
448
409
376
200
$870K
$824K
$786K
$765K
$735K
$728K
$725K
$729K
$720K
$705K
$660K
$640K
$615K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
96
100%+ 100%+ 100%+ 100%+ 100%+ 100%
4+bdrms
48
150
229
3bdrms
114
50%
100
86
50
2bdrms
37
0
5
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
4 2 50%
19 27 142%
55 102 185%
87 208 239%
31 65 210%
3 11 367%
1 1 100%
1
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