Fraser Valley
MISSION
APRIL 2023
Price Band & Bedroom CONDOS & TOWNHOMES
Com m unity CONDOS & TOWNHOMES
SnapStats® $0 – 100,000
Inventory Sales
Sales Ratio
SnapStats®
Inventory Sales
Sales Ratio
0 0 0 7
0 0 0 2 2 2 4 3 3 0 0 0 0 0 0 0 0 0 0 0 0 1 5 7 3
NA NA NA
Dewdney Deroche
0 0 0 8 0 5 0 0
0 0 0 0 0 1 0 0
NA NA NA NA NA
100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000
Durieu Hatzic
29%
Hemlock
24 11
8%
Lake Errock
18% 44% 27%
Mission
52
15
29% 20%
9
M ission W est Stave Fals
11
NA NA
2 1
150%*
Steelhead TOTAL*
NA NA NA NA NA NA NA NA NA NA NA NA
65
16
25%
1,000,001 – 1,250,000 0 1,250,001 – 1,500,000 0 1,500,001 – 1,750,000 0 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0
4,000,001 & Greater
0
TOTAL*
65
16
25%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms
14 29 21
7%
17% 33%
4 Bedroom s & Greater 1
300%*
TOTAL*
65
16
25%
SnapStats®
March
April
Variance
Inventory
55 11
65 16
18% 45%
Solds
Sale Price
$617,500 $662,450 7%
Sale Price SQFT
$384
$485 100%
26%
Sale to ListPrice Ratio 99%
1%
Days on M arket
22
9
-59%
*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.
M arket Sum m ary
• M arketType Indicator MISSION ATTACHED :Selers M arketat25% Sales Ratio average (2.5 in 10 hom es seling rate) • Hom es are seling on average 100% oflistprice • M ostActive Price Band** $600,000 to $700,000 w ith average 44% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $400,000 to $500,000,M ission W estand up to 1 bedroom properties • Selers BestBet** Seling hom es in M ission and 3 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$662,450
$635,000
$634,750
$617,500
$575,000
$569,000
$567,500
$565,000 $540,000
$685,000
$525,000
13 Month M arket Trend
$480,000
$417,500
65
55
51
51
50
50
48
48
46
45
44
44
41
16
16
13
11
11
9
9
8
6
5
3
3
3
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
Com plim ents of...
Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services
VancouverUrbanHom es.com
604.657.1110
m aria@ vancouverurbanhom es.com
© 2010-2023 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M ay 1,2023 from the FraserValey RealEstate Board M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .
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