surey TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 88% SELLERS'MARKET
▶ MARKETSUMMARY Therewere303townhomelistingsinSureyin September,3%belowAugustand63%lowerthan September2020. Septembertownhomesalesdecreasedby12% month-over-month,to266,andwere18%below September2020. Thesales-to-listingratiofortownhomesinSurey,at 88%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $785,000,a6%increasefromAugustand28%above September2020. Theaveragesoldpricewas$794,896,6%abovelast month;theaveragePSFsalepricewas$493,up0.5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 25% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 28% VS2020
▼ 63% VS2020
▼ 18% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 324 827
%Change
No. 97% 302 312
%Change
TOTALLISTINGS TOTALSALES
88% 266 303
124% -18% -63%
0.5% 6% 6% -9% -12% -3%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$493 $794,896 $785,000
$490 $750,865 $740,000
$394 $628,614 $615,000
25% 26% 28%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
827
754
617
558
519
464 467
459
414
412
389
368
473
448
420
312
303
324
359
339
322
266
302
295
290 315
$785K
$743K
$740K
$731K
$730K
$735K
$725K
$686K
$652K
$633K
$625K
$615K
$621K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
77
100%+
98%
4+bdrms
80
88%
100
75%
80
137
62%
3bdrms
153
60
33%
40
51
2bdrms
18%
67
20
0
1
<$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
11 2 18%
37 23 62%
123 121 98%
108 95 88%
17 21 124%
4 3 75%
3 1 33%
3
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●
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