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 .