surey DETACHED -AUGUST 2023
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.4% VS 2022
▲ 12% VS 2022
▲ 7% VS 2022
▲ 18% VS 2022
Therewere1,419 detachedlistingsin Sur eyin August, 3% aboveJulyand 7% higherthan August2022. Augustdetached hom esalesincreased by6% m onth-over-m onth,to193,and were18% aboveAugust 2022. Thesales-to-listing ratio fordetached in Sur ey,at14% , reflected abalanced m arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14% 193 1,419
12% 163 1,323
1.4% 12% 10% 18% 7%
13% 182 1,375
-4% 1% 3% 6% 3%
Thedetachedm edian pricein Augustwas$1,590,000,a 1.0% increasefrom Julyand 12% aboveAugust2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,661,188,4% below last m onth and up 1.4% toAugust2022.
$1,721,938 $1,575,000
$1,661,188 $1,590,000
$1,638,833 $1,418,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,419
1,294
1,270
1,323
1,202
1,375
1,155
1,17
1.88
1.81
1.76
963
1.62
894
895
1.56
1.55
863
826
312
301
261
136
133
123
193
88
266
163
182
135
145
$1.65M $1.58M $1.59M
$1.52M $1.63M
$1.46M $1.39M $1.48M $1.47M
$1.42M $1.42M $1.40M $1.35M
22-Aug
23-Jul 23-Aug
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
100%
400
300
41%
40%
200
27%
20%
100
15%
10%
6%
2%
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
27 11 41%
2 2 100%
11 3 27%
45 18 40%
229 45 20%
513 75 15%
248 25 10%
139 9 6%
205 5 2%
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