surey CONDO-JANUARY 202
SALESTO LISTINGSRATIO 100% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 42% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 34% VS2021
▲ 35% VS2021
▼ 66% VS2021
▲ 20% VS2021
Therewere217condolistingsinSureyinJanuary,8% aboveDecemberand66%lowerthanJanuary2021. Januarycondosalesdecreasedby24% month-over-month,to218,andwere20%aboveJanuary 2021. Thesales-to-listingratioforcondosinSurey,at100%, reflectedaselers'market. ThecondomedianpriceinJanuarywas$562,000,a7% changefromDecemberand35%aboveJanuary2021. Theaveragesoldpricewas$566,775,5%abovelast month;theaveragePSFsalepricewas$745,up6%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 181 630
%Change
No. 288 201
%Change
TOTALLISTINGS TOTALSALES
218 217
42% 34% 35% 250% 20% -66%
-30% -24% 8%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$745 $566,775 $562,000 100%
$701 $537,243 $527,000 143%
6% 5% 7%
$525 $423,685 $415,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
603
630
566
551
565
519 523
437
466
384
373
336
328
377
293
288
287
333
301
292
257
217
254
218
201
181
$562K
$527K
$500K
$475K
$470K
$465K
$455K
$454K
$459K
$454K
$450K
$440K
$415K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
1 1
100%+ 100%+
100%
4+bdrms
100
80
7
3bdrms
14
60
38%
33%
40
117
25%
2bdrms
113
20
0
93
<$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
42 16 38%
106 123 116%
54 74 137%
9 3 33%
4 1 25%
1 1 100%
1 0 n/a
89
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 40 ●
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