surey CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2021
▲ 3% VS 2021
▲ 72% VS 2021
▼ 61% VS 2021
Therewere577 condolistingsin Sur eyin N ovem ber, 2% below Octoberand 72% higherthan N ovem ber2021. N ovem bercondosalesdecreased by11% m onth-over-m onth,to 116,and were61% below N ovem ber2021. Thesales-to-listing ratio forcondosin Sur ey,at20%, reflected abalanced m arket. Thecondom edian pricein N ovem berwas$515,000,a 3% decreasefrom O ctoberand 3% aboveN ovem ber 2021. Theaveragesold pricewas$523,108,1.2% below last m onth;theaveragePSF salepricewas$637,down 3% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 90% 301 336
% Change
No. 22% 130 590
% Change
TOTALLISTINGS TOTALSALES
20% 116 577
-78% -61% 72%
-3% -1.2% -3% -9% -11% -2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$637 $523,108 $515,000
$654 $529,566 $530,000
$662 $510,937 $500,000
-4% 2% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
590
622
618 619
577
580 579
436
495
368
336
377
288
301
216
209
274
265
168
221
217
130
201
165
16
137
$562K $575K $570K $590K
$545K $540K $535K $515K $507K $530K $515K
$500K $527K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
4+ bdrms
2
250
5
200
3 bdrms
32
50%
150
36%
100
73
23%
2 bdrms
298
11%
50
9%
0
38
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
45 16 36%
335 78 23%
183 20 11%
9%
2 1 50%
1 0 n/a
245
11 1
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