surey DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 31% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 28% VS2020
▲ 31% VS2020
▼ 7% VS2020
▲ 41% VS2020
Therewere1,422detachedlistingsinSureyinJune,8% belowMayand7%lowerthanJune2020. Junedetachedhomesalesdecreasedby31% month-over-month,to438,andwere41%aboveJune 2020. Thesales-to-listingratiofordetachedinSurey,at31%, reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
31% 438 1,422
20% 311 1,534
29% 31% 52% 41% -7%
41% 634 1,539
0.4% -0.5% -25% -31% -8%
ThedetachedmedianpriceinJunewas$1,400,000,a 0.5%decreasefromMayand31%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,536,775,0.4%abovelast monthandup28%toJune2020.
$1,531,225 $1,407,500
$1,536,775 $1,400,000
$1,193,403 $1,070,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,539
1,518
1,534
1,613
1,606
1,579
1,550
1,422
1,209
1,196
1.93
1.92
1.78
834 632
1.61
1.59
755
1.50
634
813
808
558
498
464
635
438
533
519
457
31
400
$1.43M
$1.42M $1.37M
$1.41M
$1.40M
$1.30M
$1.21M
$1.17M
$1.18M
$1.16M
$1.13M
$1.13M
$1.07M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
400
300
67%
200
50%
50%
38%
37%
31%
100
14%
10%
5%
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-LRATIO SALES INVENTORY
24 9 38%
4 2 50%
46 17 37%
124 83 67%
322 160 50%
383 119 31%
176 24 14%
146 15 10%
197 9 5%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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