surey CONDO -AUGUST 202
SALES TO LISTINGSRATIO 29% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 13% VS 2021
▲ 11% VS 2021
▲ 24% VS 2021
▼ 41% VS 2021
Therewere580condolistingsin Sur eyin August,6% below Julyand 24% higherthan August2021. Augustcondosalesincreased by1.8% m onth-over-m onth,to168,and were41% below August 2021. Thesales-to-listing ratio forcondosin Sur ey,at29%, reflected aselers'm arket. Thecondom edian pricein Augustwas$515,000,a4% decreasefrom Julyand 11% aboveAugust2021. Theaveragesold pricewas$531,035,1.7% below last m onth;theaveragePSF salepricewas$688,up 0.2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 62% 287 466
% Change
No. 27% 165 619
% Change
TOTALLISTINGS TOTALSALES
29% 168 580
14% 13% 11% -53% -41% 24%
0.2% -1.7% -4% 9% 1.8% -6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$688 $531,035 $515,000
$687 $540,462 $535,000
$604 $467,944 $465,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
622
618 619
580
437
436
466
495
368
336
377
377
293
288
287
301
216
209
274
265
257
221
217
168
201
165
$562K $575K $570K $590K
$545K $540K $535K $515K
$500K $527K
$465K $470K $475K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
300
4+ bdrms
3
250
200
12
3 bdrms
33
150
39%
100
27%
82
24%
2 bdrms
14%
324
50
0
74
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
49 13 27%
316 123 39%
196 28 14%
17 4 24%
2 0 n/a
220
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