surey TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 71% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 20% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 20% VS2020
▲ 22% VS2020
▼ 48% VS2020
▼ 5% VS2020
Therewere413townhomelistingsinSureyinJuly,10% belowJuneand48%lowerthanJuly2020. Julytownhomesalesdecreasedby18% month-over-month,to295,andwere5%belowJuly 2020. Thesales-to-listingratiofortownhomesinSurey,at 71%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$735,000,a 0.7%increasefromJuneand22%aboveJuly2020. Theaveragesoldpricewas$743,232,0.8%belowlast month;theaveragePSFsalepricewas$482,down2%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 311 791
%Change
No. 78% 359 459
%Change
TOTALLISTINGS TOTALSALES
71% 295 413
20% 20% 22% 82% -5% -48%
2% -0.8% 0.7% -9% -18% -10%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$482 $743,232 $735,000
$472 $749,329 $730,000
$401 $618,860 $602,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
754
791
827
799
617
558
519
465 467
459
414
389
368
473
413
448
323
420
31
359
295
339
324
322
315
290
$743K
$735K
$725K
$731K
$730K
$685K
$652K
$633K
$620K
$625K
$621K
$615K
$602K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
200
69
100%
4+bdrms
88%
116
150
76%
170
3bdrms
212
100
45%
56
50
21%
2bdrms
83
0
<$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
14 3 21%
55 42 76%
199 176 88%
119 53 45%
21 21 100%
2 0 n/a
3 0 n/a
2
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●
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