surey DETACHED-APRIL 202
SALESTO LISTINGSRATIO 22% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 25% VS2021
▲ 23% VS2021
▼ 19% VS2021
▼ 56% VS2021
Therewere1,285detachedlistingsinSureyinApril, 16%aboveMarchand19%lowerthanApril2021. Aprildetachedhomesalesdecreasedby39% month-over-month,to277,andwere56%belowApril 2021. Thesales-to-listingratiofordetachedinSurey,at22%, reflectedaselers'market.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
22% 277 1,285
40% 634 1,579
25% 23% -46% -56% -19%
41% 457 1,112
-0.8% -4% -48% -39% 16%
ThedetachedmedianpriceinAprilwas$1,750,000,a4% decreasefromMarchand23%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,975,116,0.8%belowlast monthandup25%toApril2021.
$1,991,763 $1,830,000
$1,975,116 $1,750,000
$1,574,040 $1,425,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,579
1,422
1,539
1,285
1.92
1.90
1,12
1.86
1,199
91
1.69
901
1.65
1,023
1.59
698
634
782
634
487
457
409
400
385
585
437 396
385
277
356
349
270
$1.83M $1.90M
$1.89M
$1.75M
$1.65M
$1.66M
$1.55M
$1.51M
$1.46M
$1.43M
$1.42M
$1.41M
$1.40M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
500
100%
400
300
200
30%
28%
25%
21%
18%
100
11%
11%
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
33 6 18%
2 2 100%
3 0 n/a
23 7 30%
140 35 25%
488 138 28%
227 47 21%
166 19 11%
203 23 11%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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