surey TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 34% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2022
▲ 5% VS 2022
▼ 19% VS 2022
▲ 13% VS 2022
Therewere560townhom elistingsin Sur eyin August, 4% aboveJulyand 19% lowerthan August2022. Augusttownhom esalesdecreased by13% m onth-over-m onth,to189,and were13% aboveAugust 2022. Thesales-to-listing ratio fortow nhom esin Sur ey,at 34% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$845,000,a 3% decreasefrom Julyand 5% aboveAugust2022. Theaveragesold pricewas$861,184,3% below last m onth;theaveragePSF salepricewas$554,down 1.2% tolastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 24% 167 695
% Change
No. 40% 217 540
% Change
TOTALLISTINGS TOTALSALES
34% 189 560
40% 13% -19%
-1.2% -3% -3% -16% -13% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$554 $861,184 $845,000
$561 $886,340 $870,000
$522 $838,245 $805,000
6% 3% 5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
695
692
570
540
621
560
506
428
51
466
428
415
404
281
222
248
145
189
218
217
167
121
140
131
92
80
$863K $865K $883K $870K $845K
$805K $820K $795K $825K $789K $788K
$792K $830K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
52
250
4+ bdrms
173
200
88
3 bdrms
150
273
47%
43%
32% 30%
100
30%
49
21%
2 bdrms
112
11%
50
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
10 3 30%
15 7 47%
138 60 43%
278 88 32%
80 24 30%
29 6 21%
9 1 11%
1 0 n/a
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