surey DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 44% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 28% VS2020
▼ 43% VS2020
▼ 19% VS2020
Therewere911detachedlistingsinSureyinSeptember, 11%belowAugustand43%lowerthanSeptember2020. Septemberdetachedhomesalesdecreasedby2.0% month-over-month,to401,andwere19%below September2020. Thesales-to-listingratiofordetachedinSurey,at44%, reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,505,000,a3%increasefromAugustand29%above September2020. Theaveragesoldpricewas$1,593,828,1.5%abovelast monthandup26%toSeptember2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
44% 401 911
31% 498 1,606
26% 29% 42% -19% -43%
40% 409 1,023
1.5% 3% 10% -2% -11%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,569,772 $1,460,000
$1,593,828 $1,505,000
$1,263,442 $1,167,500
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,518
1,539
1,606
1,422
1,579
1,209
1,196
1.97
1.92
1.90
1,199
1.67
1,023
813
91
754
1.59
1.51
834
634
808
558
533
634
630
409
498
519
401
437
400
396
$1.51M
$1.46M
$1.42M
$1.43M
$1.42M
$1.41M
$1.40M
$1.37M
$1.30M
$1.21M
$1.18M
$1.17M
$1.16M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
250
100%
94%
200
78%
69%
150
56%
100
35%
27%
50
10%
5%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
34 12 35%
2 2 100%
18 10 56%
47 44 94%
157 123 78%
229 158 69%
123 33 27%
105 10 10%
196 9 5%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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