surey TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 96% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2020
▲ 19% VS2020
▼ 61% VS2020
▼ 7% VS2020
Therewere313townhomelistingsinSureyinAugust, 24%belowJulyand61%lowerthanAugust2020. Augusttownhomesalesincreasedby2% month-over-month,to302,andwere7%belowAugust 2020. Thesales-to-listingratiofortownhomesinSurey,at 96%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$740,000,a 0.7%increasefromJulyand19%aboveAugust2020. Theaveragesoldpricewas$750,865,1.0%abovelast month;theaveragePSFsalepricewas$490,up1.6%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 40% 323 799
%Change
No. 71% 295 413
%Change
TOTALLISTINGS TOTALSALES
96% 302 313
24% 18% 19% 139% -7% -61%
1.6% 1% 0.7% 35% 2% -24%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$490 $750,865 $740,000
$482 $743,232 $735,000
$394 $637,997 $619,999
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
754
799
827
617
558
519
467
464
459
414
413
389
368
473
448
420
323
313
359
339
324
322
315
295 302
290
$743K
$735K
$740K
$725K
$731K
$730K
$686K
$652K
$633K
$620K
$625K
$621K
$615K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
65
100%+ 100%+
100%+
150
4+bdrms
99
75% 75%
165
100
3bdrms
158
50
72
2bdrms
53
7%
0
<$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
15 1 7%
36 40 111%
132 164 124%
104 78 75%
20 15 75%
2 4 200%
4 0 n/a
3
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online