fraservaley board area TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere684 townhom elistingsin theFraserValey board areain January,9% below D ecem berand 114% higherthan January2022. Januarytownhom esalesincreased by10% m onth-over-m onth,to 169,and were42% below January 2022. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at25% ,reflected aselers'm arket. Thetownhom em edian pricein Januarywas$745,000,a 0% changefrom D ecem berand 20% below January2022. Theaveragesold pricewas$756,845,2.0% abovelast m onth;theaveragePSF salepricewas$480,down 0.1% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 21% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 19% VS 2022
▼ 20% VS 2022
▲ 114% VS 2022
▼ 42% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 91% 290 320
% Change -21% -19% -20% -73% -42% 114%
No. 21% 154 751
% Change
TOTALLISTINGS TOTALSALES
25% 169 684
20% 10% -9%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$480 $756,845 $745,000
$480 $742,267 $745,000
-0.1% 2% 0%
$605 $928,977 $930,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,248
1,330
1,307
1,17
1,156
945
924
1,084
1,001
628
621
684
751
361
283
444
245
320
391
360
290
169
234
236
189
154
$930K $970K $950K $913K
$870K $855K $843K
$790K $780K $770K $798K $745K $745K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
35
4+ bdrms
173
200
81
150
3 bdrms
346
45%
100
30%
51
2 bdrms
20%
16%
15% 15%
50
159
0
2
<$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
25 4 16%
60 27 45%
240 72 30%
263 52 20%
78 12 15%
13 2 15%
5 0 n/a
6
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