surey CONDO -JUNE 2023
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.4% VS 2022
▲ 3% VS 2022
▲ 8% VS 2022
▲ 25% VS 2022
Therewere669 condolistingsin Sur eyin June,11% aboveM ayand 8% higherthan June2022.
Junecondo salesincreased by11% m onth-over-m onth,to 261,and were25% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 34% 209 618
% Change
No. 39% 236 603
% Change
Thesales-to-listing ratio forcondosin Sur ey,at39%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
39% 261 669
15% 25% 8%
11% 11%
Thecondom edian pricein Junewas$555,000,a0.5% decreasefrom M ayand 3% aboveJune2022. Theaveragesold pricewas$546,571,3% below last m onth;theaveragePSF salepricewas$734,up 2% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-0.5% -0.3%
$734 $546,571 $555,000
$720 $562,815 $557,950
$729 $548,908 $540,000
0.7% -0.4% 3%
2% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
669
619
603
590
618
576
580
579
497
496
485
463 465
237
222
261
209
168
236
130
104
165
148
136
16
87
$540K $535K $515K $506K
$530K $515K
$525K $532K $558K $555K
$480K $508K $500K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
4+ bdrms
1
300
11
3 bdrms
200
29
49%
48%
41%
33%
135
100
2 bdrms
355
0
115
<$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
49 24 49%
372 153 41%
223 74 33%
21 10 48%
2 0 n/a
1 0 n/a
1 0 n/a
284
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