surey DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 11% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 13% VS 2021
▼ 10% VS 2021
▲ 54% VS 2021
▼ 65% VS 2021
Therewere1,202 detachedlistingsin Sur eyin O ctober, 5% below Septem berand 54% higherthan October2021. O ctoberdetached hom esalesincreased by 0.7% m onth-over-m onth,to 136,and were65% below O ctober 2021. Thesales-to-listing ratio fordetached in Sur ey,at11% , reflected abuyers'm arket. Thedetachedm edian pricein Octoberwas$1,402,500,a 1.2% decreasefrom Septem berand 10% below O ctober 2021. Theaveragesold pricewas$1,501,627,2.0% below last m onth and down 13% toOctober2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 49% 385 782
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
11% 136 1,202
-13% -10% -77% -65% 54%
11% 135 1,270
-2% -1.2% 6% 0.7% -5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,532,118 $1,420,000
$1,501,627 $1,402,500
$1,728,993 $1,550,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,488
1,418
1,448
1,270
1,323
1.94
1,285
1,202
1,12
1.76
1.73
901
1.68
1.62
1.50
782
698
487
447
585
385
385
196
353
348
163
276
269
136
212
147
135
$1.89M $1.90M $1.83M
$1.75M $1.65M $1.60M
$1.55M $1.65M $1.66M
$1.54M $1.42M $1.42M $1.40M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
400
300
55%
200
33%
30%
100
23%
18%
11%
4%
4%
1%
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-L RATIO SALES INVENTORY
38 7 18%
3 1 33%
11 6 55%
74 22 30%
191 43 23%
387 42 11%
191 8 4%
137 5 4%
170 2 1%
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