surey TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 124% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 30% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 28% VS2020
▼ 67% VS2020
▼ 16% VS2020
Therewere249townhomelistingsinSureyinOctober, 18%belowSeptemberand67%lowerthanOctober2020. Octobertownhomesalesincreasedby16% month-over-month,to308,andwere16%belowOctober 2020. Thesales-to-listingratiofortownhomesinSurey,at 124%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$799,450,a 1.8%increasefromSeptemberand28%aboveOctober 2020. Theaveragesoldpricewas$810,101,1.9%abovelast month;theaveragePSFsalepricewas$508,up3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 49% 368 754
%Change
No. 88% 266 303
%Change
TOTALLISTINGS TOTALSALES
308 249
153% -16% -67%
3% 1.9% 1.8% 41% 16% -18%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$508 $810,101 $799,450 124%
$493 $794,896 $785,000
$392 $640,637 $625,000
30% 26% 28%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
754
617
558
519
464 467
414
412
389
473
459
448
420
368
312
303
359
249 308
339
322
315
302
295
290
266
$799K
$785K
$743K
$740K
$731K
$730K
$735K
$725K
$686K
$652K
$625K
$633K
$621K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
140
83
100%+ 100%+ 100%+ 100%+
120
96%
4+bdrms
66
100
80
148
57%
3bdrms
131
50%
60
40
75
2bdrms
48
20
0
2
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
7 4 57%
23 22 96%
95 129 136%
99 122 123%
19 24 126%
4 6 150%
2 1 50%
4
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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