surey TOWNHOME-MARCH 202
SALESTO LISTINGSRATIO 65% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 36% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 35% VS2021
▲ 33% VS2021
▲ 42% VS2021
▼ 16% VS2021
Therewere597townhomelistingsinSureyinMarch, 40%aboveFebruaryand42%higherthanMarch2021. Marchtownhomesalesincreasedby46% month-over-month,to390,andwere16%belowMarch 2021. Thesales-to-listingratiofortownhomesinSurey,at 65%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$966,500,a 3%decreasefromFebruaryand33%aboveMarch2021. Theaveragesoldpricewas$994,457,1.2%belowlast month;theaveragePSFsalepricewas$627,down3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 467 420
%Change
No. 63% 267 427
%Change
TOTALLISTINGS TOTALSALES
65% 390 597
36% 35% 33% -41% -16% 42%
46% 40%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$460 $736,624 $725,000 111%
-3% -1.2% -3% 4%
$627 $994,457 $966,500
$649 $1,006,521 $999,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
597
558
519
467
427
412
473
390
459
448
420
312
303 308
359
267
255
302
295
203
266
267
249
233
185
139
$999K
$970K
$967K
$880K
$840K
$799K
$785K
$743K
$735K
$740K
$725K
$731K
$730K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
102
100%+
97% 98%
4+bdrms
184
250
200
191
3bdrms
55%
308
50%
150
38%
100
96
21%
2bdrms
102
50
0
3 1
<$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
8 3 38%
14 3 21%
101 50 50%
309 171 55%
115 111 97%
47 46 98%
3 6 200%
Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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