surey CONDO-MAY 2021
SALESTO LISTINGSRATIO 67% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 12% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 12% VS2020
▼ 11% VS2020
▲ 370% VS2020
Therewere572condolistingsinSureyinMay,6% belowApriland11%lowerthanMay2020.
Maycondosalesincreasedby15%month-over-month,to 385,andwere370%aboveMay2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 55% 335 610
%Change
Thesales-to-listingratioforcondosinSurey,at67%, reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
67% 385 572
$503 $406,870 $406,250 13% 82 640
425% 370% -11%
-3% -1% 0.8% 23% 15% -6%
ThecondomedianpriceinMaywas$453,800,a0.8% increasefromApriland12%aboveMay2020. Theaveragesoldpricewas$461,008,1.0%belowlast month;theaveragePSFsalepricewas$565,down3%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$565 $461,008 $453,800
$583 $465,443 $450,000
12% 13% 12%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
862
814
814
907
873
737
630
610
640
647
527
572
519 328
373
385
242
232
335
206
181
220
206
201
181
82
$455K
$454K
$450K
$440K
$415K
$415K
$415K
$406K
$406K
$400K
$400K
$403K
$400K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
350
300
4+bdrms
2
250
74%
65%
9
200
3bdrms
37
150
43%
100
236
2bdrms
345
13%
50
0
140
<$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
172 112 65%
335 249 74%
53 23 43%
8 1 13%
2 0 n/a
2 0 n/a
188
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