surey TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 91% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 51% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 44% VS2021
▲ 49% VS2021
▼ 51% VS2021
▼ 36% VS2021
Therewere203townhomelistingsinSureyinJanuary, 46%aboveDecemberand51%lowerthanJanuary2021. Januarytownhomesalesdecreasedby27% month-over-month,to185,andwere36%belowJanuary 2021. Thesales-to-listingratiofortownhomesinSurey,at 91%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$970,000,a 10%changefromDecemberand49%aboveJanuary 2021. Theaveragesoldpricewas$963,790,10%abovelast month;theaveragePSFsalepricewas$620,up6%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 70% 290 414
%Change
No. 255 139
%Change
TOTALLISTINGS TOTALSALES
91% 185 203
51% 44% 49% 30% -36% -51%
6% 10% 10% -50% -27% 46%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$585 $877,518 $880,000 183%
$620 $963,790 $970,000
$411 $670,835 $652,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
558
519
467
464
414
412
473
459
448
420
312
308
303
359
267
255
315
302
295
290
203
266
249
233
185
139
$970K
$880K
$840K
$799K
$785K
$743K
$735K
$740K
$725K
$731K
$730K
$686K
$652K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
60
100%+
100%
4+bdrms
100
51
80
72%
92
60%
3bdrms
60
103
43%
33%
40
33
2bdrms
17%
48
20
0
<$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
6 1 17%
9 3 33%
49 21 43%
115 83 72%
18 73 406%
5 3 60%
1 1 100%
1
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
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