surey CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 67% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 18% VS2020
▲ 16% VS2020
▼ 52% VS2020
▲ 33% VS2020
Therewere437condolistingsinSureyinSeptember, 6%belowAugustand52%lowerthanSeptember2020. Septembercondosalesincreasedby2% month-over-month,to293,andwere33%above September2020. Thesales-to-listingratioforcondosinSurey,at67%, reflectedaselers'market. ThecondomedianpriceinSeptemberwas$470,000,a 1.1%increasefromAugustand16%aboveSeptember 2020. Theaveragesoldpricewas$484,669,4%abovelast month;theaveragePSFsalepricewas$620,up3%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 24% 220 907
%Change
No. 62% 287 466
%Change
TOTALLISTINGS TOTALSALES
67% 293 437
19% 18% 16% 176% 33% -52%
9% 2% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$620 $484,669 $470,000
$604 $467,944 $465,000
3% 4% 1.1%
$521 $412,096 $406,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
907
814
873
630
603
566
551
647
466
565
523
519 328
437
287
384
373
242
293
232
334
292
220
254
201
181
$470K
$465K
$459K
$455K
$454K
$454K
$450K
$440K
$415K
$415K
$406K
$403K
$400K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
250
1
100%+
4+bdrms
200
75%
71%
7
150
3bdrms
27
44%
100
172
25%
2bdrms
50
236
0
113
<$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
93 70 75%
265 188 71%
70 31 44%
8 2 25%
1 2 200%
174
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 37 ●
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