surey DETACHED -MAY 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 17% VS 2021
▲ 17% VS 2021
▼ 6% VS 2021
▼ 69% VS 2021
Therewere1,444 detachedlistingsin Sur eyin M ay,12% aboveApriland 6% lowerthan M ay2021. M ay detached hom esalesdecreased by 29% m onth-over-m onth,to197,and were69% below M ay 2021. Thesales-to-listing ratio fordetached in Sur ey,at14% , reflected abalanced m arket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14% 197 1,444
41% 634 1,539
17% 17% -67% -69% -6%
21% 276 1,285
-36% -29% 12%
Thedetachedm edian pricein M aywas$1,650,000,a6% decreasefrom Apriland 17% aboveM ay2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,795,732,9% below last m onth and up 17% toM ay2021.
$1,972,091 $1,750,000
-9% -6%
$1,795,732 $1,650,000
$1,531,225 $1,407,500
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,539
1,422
1,444
1,285
1.93
1,12
1.88
1.86
1,199
91
901
1,023
1.61
1.60
1.59
698
782
634
487
457
409
585
385
437
400
396
385
356
349
197
276
270
$1.89M $1.90M $1.83M
$1.75M $1.65M
$1.55M $1.65M $1.66M
$1.41M $1.40M $1.42M $1.46M $1.51M
May-21
Apr-22
May-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
400
300
43%
200
35%
25%
23%
20%
16%
100
12%
6%
5%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
31 11 35%
7 3 43%
5 1 20%
28 7 25%
173 39 23%
528 86 16%
284 18 6%
176 21 12%
212 11 5%
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