surey CONDO -APRIL 2023
SALES TO LISTINGSRATIO 48% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 10% VS 2022
▲ 0.2% VS 2022
▼ 14% VS 2022
Therewere496 condolistingsin Sur eyin April,2% aboveM arch and 0.2% higherthan April2022.
Aprilcondosalesincreased by7% m onth-over-m onth,to 237,and were14% below April2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 55% 274 495
% Change
No. 46% 222 485
% Change
Thesales-to-listing ratio forcondosin Sur ey,at48%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
48% 237 496
-5% -10% -10% -14% -14% 0.2%
4% 7% 2%
Thecondom edian pricein Aprilwas$532,000,a1.4% increasefrom M arch and 10% below April2022. Theaveragesold pricewas$531,449,0.9% below last m onth;theaveragePSF salepricewas$692,up 0.9% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$692 $531,449 $532,000
$686 $536,501 $524,750
0.9% -0.9% 1.4%
$731 $591,991 $589,500
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
590
576
622
618
619
580 579
497
496
495
485
463
465
274
222
209
237
168
221
130
104
165
148
136
16
87
$590K
$545K $540K $535K $515K
$515K $480K
$508K $500K $525K $532K
$506K $530K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
250
4+ bdrms
1
79%
200
10
3 bdrms
150
53%
29
37%
100
128
2 bdrms
20%
248
50
0
99
<$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
34 27 79%
278 146 53%
164 60 37%
20 4 20%
218
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