surey TOWNHOME-MAY 2021
SALESTO LISTINGSRATIO 86% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2020
▲ 23% VS2020
▼ 21% VS2020
▲ 245% VS2020
Therewere519townhomelistingsinSureyinMay,7% belowApriland21%lowerthanMay2020. Maytownhomesalesdecreasedby5% month-over-month,to448,andwere245%aboveMay 2020. Thesales-to-listingratiofortownhomesinSurey,at 86%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$731,000,a 1.6%decreasefromApriland23%aboveMay2020. Theaveragesoldpricewas$740,709,1.6%belowlast month;theaveragePSFsalepricewas$474,down1.1% tolastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 20% 130 659
%Change
No. 85% 473 558
%Change
TOTALLISTINGS TOTALSALES
86% 448 519
338% 245% -21%
-5% -7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-1.1% -1.6% -1.6% 1.8%
$474 $740,709 $731,000
$479 $752,848 $743,000
$383 $606,134 $592,250
24% 22% 23%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
791
754
754
827
799
617
659
558
467
519 448
465
414
389
368
473
323
420
31
267
339
324
322
315
290
130
$743K
$725K
$731K
$685K
$652K
$633K
$620K
$625K
$621K
$615K
$600K
$602K
$592K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
121
100%
97%
250
4+bdrms
146
85%
200
241
63%
3bdrms
150
276
50%
100
29%
84
2bdrms
50
96
0
1 2
<$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 4 29%
84 53 63%
275 267 97%
125 106 85%
17 17 100%
1 0 n/a
1 0 n/a
2 1 50%
Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●
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