surey DETACHED -JULY 2023
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2022
▲ 2% VS 2022
▼ 3% VS 2022
▲ 25% VS 2022
Therewere1,375 detached listingsin Sur eyin July,6% aboveJuneand 3% lowerthan July2022. July detached hom esalesdecreased by 42% m onth-over-m onth,to 182,and were25% aboveJuly 2022. Thesales-to-listing ratio fordetached in Sur ey,at13% , reflected abalanced m arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13% 182 1,375
10% 146 1,418
29% 25% -3%
24% 312 1,294
-45% -42% 6%
Thedetachedm edian pricein Julywas$1,575,000,a5% decreasefrom Juneand 2% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,721,938,8% below last m onth and up 6% toJuly2022.
$1,869,687 $1,650,000
-8% -5%
$1,721,938 $1,575,000
$1,624,454 $1,541,000
6% 2%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,418
1,294
1,375
1,270
1,202
1,155
1,323
1,17
1.87
1.81
1.81
963
1.62
1.59
1.59
895
894
863
826
312
301
261
163
136
133
123
182
88
267
146
135
145
$1.65M $1.58M
$1.54M
$1.53M $1.63M
$1.46M $1.39M $1.48M $1.47M
$1.42M $1.42M $1.40M $1.35M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
500
400
300
200
38%
32%
25%
24%
22%
100
15%
9%
4%
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
22 7 32%
4 1 25%
8 3 38%
46 10 22%
219 53 24%
500 73 15%
235 21 9%
131 5 4%
210 9 4%
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