surey CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2021
▲ 8% VS 2021
▲ 33% VS 2021
▼ 53% VS 2021
Therewere580 condolistingsin Sur eyin Septem ber,no changetoAugustand 33% higherthan Septem ber2021. Septem bercondosalesdecreased by18% m onth-over-m onth,to 137,and were53% below Septem ber2021. Thesales-to-listing ratio forcondosin Sur ey,at24%, reflected aselers'm arket. Thecondom edian pricein Septem berwas$507,000,a 1.6% decreasefrom Augustand 8% aboveSeptem ber 2021. Theaveragesold pricewas$514,587,3% below last m onth;theaveragePSF salepricewas$684,down 0.6% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 67% 293 437
% Change
No. 29% 168 580
% Change
TOTALLISTINGS TOTALSALES
24% 137 580
10% 6% 8% -65% -53% 33%
-0.6% -3% -1.6% -18% -18% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$684 $514,587 $507,000
$688 $531,035 $515,000
$620 $484,669 $470,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
622
618
619
580
580
436 495
437
368
336
377
377
288
293
301
216
209
274
265
257
168
221
201 217
137
165
$562K $575K $570K $590K
$545K $540K $535K $515K $507K
$500K $527K
$470K $475K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
4+ bdrms
2
250
9
200
3 bdrms
29
150
44%
100
27%
70
2 bdrms
15%
331
50
7%
0
58
<$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
43 19 44%
326 89 27%
193 28 15%
7%
2 0 n/a
1 0 n/a
218
15 1
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