surey DETACHED -MARCH 2023
SALES TO LISTINGSRATIO 29% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 21% VS 2022
▼ 19% VS 2022
▼ 20% VS 2022
▼ 41% VS 2022
Therewere895 detachedlistingsin Sur eyin M arch,4% aboveFebruaryand 20% lowerthan M arch 2022. M arch detached hom esalesincreased by 80% m onth-over-m onth,to 261,and were41% below M arch 2022. Thesales-to-listing ratio fordetached in Sur ey,at29% , reflected aselers'm arket. Thedetachedm edian pricein M arch was$1,472,000,a 0.5% decreasefrom Februaryand 19% below M arch 2022. Theaveragesold pricewas$1,568,106,0.0% below last m onth and down 21% toM arch 2022.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change -21% -19% -27% -41% -20%
No. 17% 145 863
% Change
TOTALLISTINGS TOTALSALES
29% 261 895
40% 446 1,112
74% 80% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,568,486 $1,480,000
0% -0.5%
$1,568,106 $1,472,000
$1,980,595 $1,825,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,418
1,488
1,285
1,270
1,448
1,202
1,323
1,17
1.89
1.87
1,12
1.77
1.69
895
1.58
1.58
894
863
826
446
195
261
163
135 136 133
122
275
88
212
146
145
$1.83M $1.75M
$1.65M $1.60M
$1.54M $1.42M $1.42M
$1.40M $1.35M $1.46M $1.39M $1.48M $1.47M
22-Mar
23-Feb
23-Mar
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
300
100%
100%+
250
200
64%
61%
60%
150
100
29%
16%
50
10%
4%
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
18 11 61%
2 2 100%
5 3 60%
35 43 123%
124 79 64%
273 78 29%
182 29 16%
101 10 10%
155 6 4%
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