surey DETACHED -MAY 2023
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2022
▼ 1.1% VS 2022
▼ 20% VS 2022
▲ 42% VS 2022
Therewere1,155 detachedlistingsin Sur eyin M ay,20% aboveApriland 20% lowerthan M ay2022. M ay detached hom esalesincreased by 13% m onth-over-m onth,to302,and were42% aboveM ay 2022. Thesales-to-listing ratio fordetached in Sur ey,at26% , reflected aselers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 28% 267 963
% Change
TOTALLISTINGS TOTALSALES
26% 302 1,155
15% 212 1,448
2% -1.1% 79% 42% -20%
12% 7% -6% 13% 20%
Thedetachedm edian pricein M aywas$1,632,500,a7% increasefrom Apriland 1.1% below M ay2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,839,257,12% abovelast m onth and up 2% toM ay2022.
$1,636,839 $1,525,000
$1,839,257 $1,632,500
$1,800,335 $1,650,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,418
1,448
1,488
1,270
1,202
1,323
1,17
1.89
1.86
1,155
1.77
1.62
1.62
963
1.55
894
895
863
826
261
302
195
163
135 136 133
123
212
88
267
146
145
$1.65M
$1.60M $1.54M
$1.53M $1.63M
$1.46M $1.39M $1.48M $1.47M
$1.42M $1.42M $1.40M $1.35M
22-May
23-Apr
23-May
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
400
300
57%
200
40%
38%
37%
36%
33%
100
22%
16%
7%
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
19 7 37%
7 4 57%
8 3 38%
39 14 36%
186 74 40%
369 120 33%
212 47 22%
122 20 16%
193 13 7%
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