surey TOWNHOME-APRIL 202
SALESTO LISTINGSRATIO 33% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 27% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 28% VS2021
▲ 27% VS2021
▲ 24% VS2021
▼ 52% VS2021
Therewere692townhomelistingsinSureyinApril, 16%aboveMarchand24%higherthanApril2021. Apriltownhomesalesdecreasedby41% month-over-month,to228,andwere52%belowApril 2021. Thesales-to-listingratiofortownhomesinSurey,at 33%,reflectedaselers'market. ThetownhomemedianpriceinAprilwas$940,000,a3% decreasefromMarchand27%aboveApril2021. Theaveragesoldpricewas$964,800,3%belowlast month;theaveragePSFsalepricewas$609,down3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 85% 473 558
%Change
No. 65% 389 598
%Change
TOTALLISTINGS TOTALSALES
33% 228 692
27% 28% 27% -61% -52% 24%
-49% -41% 16%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$609 $964,800 $940,000
$627 $993,465 $965,000
-3% -3% -3%
$479 $752,848 $743,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
692
598
519
473 558
427
412
389
459
448
312
303 308
359
267
255
295 302
203
266
266
249
233
228
184
139
$999K
$970K
$965K
$940K
$880K
$840K
$799K
$785K
$743K
$735K
$740K
$731K
$730K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
350
53
100%+
300
4+bdrms
218
250
200
119
3bdrms
350
150
40%
38%
34%
33%
100
54
23%
22%
2bdrms
123
50
0
1 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
9 3 33%
15 6 40%
132 31 23%
320 109 34%
156 60 38%
55 12 22%
5 7 140%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 39 ●
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