surey DETACHED -FEBRUARY 2023
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 25% VS 2022
▼ 22% VS 2022
▼ 4% VS 2022
▼ 59% VS 2022
Therewere863 detached listingsin Sur eyin February, 4% aboveJanuaryand 4% lowerthan February2022. February detached hom esalesincreased by 65% m onth-over-m onth,to 145,and were59% below February2022. Thesales-to-listing ratio fordetached in Sur ey,at17% , reflected abalanced m arket. Thedetachedm edian pricein Februarywas$1,480,000, a6% increasefrom Januaryand 22% below February 2022. Theaveragesold pricewas$1,568,486,7% abovelast m onth and down 25% toFebruary2022.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 353 901
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
17% 145 863
-25% -22% -57% -59% -4%
$1,464,080 $1,394,500 11% 88 826
58% 65% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
7% 6%
$1,568,486 $1,480,000
$2,083,228 $1,900,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,488
1,418
1,448
1,270
1,202
1,323
1.90
1,285
1,17
1,12
1.87
1.77
1.74
1.58
1.55
863
901
894
826
446
353
196
163
136
133
122
275
88
145
212
146
135
$1.90M $1.83M
$1.75M $1.65M $1.60M
$1.54M $1.42M $1.42M $1.40M
$1.35M $1.46M $1.39M $1.48M
Feb-22
Jan-23
Feb-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
250
200
150
52%
50%
100
33%
29%
19%
50
11%
7%
5%
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
24 7 29%
2 1 50%
9 1 11%
52 27 52%
125 41 33%
251 48 19%
151 10 7%
110 5 5%
139 5 4%
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