surey CONDO -MAY 202
SALES TO LISTINGSRATIO 32% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 25% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 21% VS 2021
▲ 8% VS 2021
▼ 48% VS 2021
Therewere613condolistingsin Sur eyin M ay,24% aboveApriland 8% higherthan M ay2021.
M aycondosalesdecreased by28% m onth-over-m onth, to198,and were48% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 68% 384 565
% Change
No. 55% 274 495
% Change
Thesales-to-listing ratio forcondosin Sur ey,at32%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
32% 198 613
25% 18% 21% -52% -48% 8%
-42% -28% 24%
Thecondom edian pricein M aywas$549,000,a7% decreasefrom Apriland 21% aboveM ay2021. Theaveragesold pricewas$542,960,8% below last m onth;theaveragePSF salepricewas$709,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$709 $542,960 $549,000
$731 $591,991 $589,500
-3% -8% -7%
$565 $461,102 $454,040
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
613
566 551
565
437
436
495
466
384
368
336
377
377
293
287
288
301
292
216
274
265
257
254
198
217
201
$562K $575K $570K $590K
$549K
$500K $527K
$454K $459K $454K $465K $470K $475K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
4+ bdrms
250
200
4
3 bdrms
33
150
44%
34%
100
105
25%
20%
2 bdrms
345
50
0
89
<$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
41 14 34%
299 133 44%
247 50 20%
22 0 n/a
4 1 25%
235
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