surey TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 49% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2.0% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 2% VS 2022
▼ 35% VS 2022
▲ 9% VS 2022
Therewere508 townhom elistingsin Sur eyin M ay,22% aboveApriland 35% lowerthan M ay2022. M aytownhom esalesincreased by14% m onth-over-m onth,to248,and were9% aboveM ay 2022. Thesales-to-listing ratio fortow nhom esin Sur ey,at 49% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$865,000,a 0.3% increasefrom Apriland 2% below M ay2022. Theaveragesold pricewas$879,997,0.2% abovelast m onth;theaveragePSF salepricewas$565,up 1.2% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 29% 228 781
% Change
No. 53% 218 415
% Change
TOTALLISTINGS TOTALSALES
49% 248 508
-2% -3% -2% 67% 9% -35%
1.2% 0.2% 0.3% -7% 14% 22%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$565 $879,997 $865,000
$559 $877,891 $862,500
$577 $908,749 $885,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
781
812 796
692
695
570
621
508
428
466
428
415
404 222
218
248
228
167
145
121
218
138
140
131
92
80
$885K $870K $853K
$830K $863K $865K
$805K $820K $795K $825K $789K $788K $792K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
250
56
4+ bdrms
166
200
123
150
3 bdrms
252
51% 54%
46%
44%
40%
100
68
2 bdrms
17%
89
50
0
1 1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
12 2 17%
13 6 46%
128 65 51%
248 133 54%
77 34 44%
20 8 40%
10 0 n/a
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