surey CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere464 condolistingsin Sur eyin D ecem ber, 20% below N ovem berand 131% higherthan D ecem ber 2021. D ecem bercondo salesdecreased by 10% m onth-over-m onth,to104,and were64% below D ecem ber2021. Thesales-to-listing ratio forcondosin Sur ey,at22%, reflected aselers'm arket. Thecondom edian pricein D ecem berwas$480,000,a 7% decreasefrom N ovem berand 9% below D ecem ber 2021. Theaveragesold pricewas$493,742,6% below last m onth;theaveragePSF salepricewas$638,up 0.1% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 9% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS2021
▼ 9% VS2021
▲ 131% VS2021
▼ 64% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 288 201
%Change
No. 20% 116 577
%Change
TOTALLISTINGS TOTALSALES
22% 104 464
-84% -64% 131%
0.1% -6% -7% 11% -10% -20%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$701 $537,243 $527,000 143%
$638 $493,742 $480,000
$637 $523,108 $515,000
-9% -8% -9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
590
577
622 618 619
580 579
436
495
464
368
377
288
216
209
274
265
168
201
221
217
130
165
104
137
16
$562K $575K $570K $590K
$545K $540K $535K $515K $507K $530K
$527K
$515K $480K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
250
4+bdrms
1
200
6
150
3bdrms
25
45%
100
27%
50
25%
2bdrms
50
245
8%
0
48
<$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
38 17 45%
262 72 27%
154 13 8%
8 2 25%
2 0 n/a
193
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