surey TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 40% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 1.9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.7% VS 2022
▲ 2.0% VS 2022
▼ 32% VS 2022
▲ 57% VS 2022
Therewere540 townhom elistingsin Sur eyin July,5% aboveJuneand 32% lowerthan July2022. Julytownhom esalesdecreased by23% m onth-over-m onth,to 217,and were57% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin Sur ey,at 40% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$870,000,a 1.5% decreasefrom Juneand 2.0% aboveJuly2022. Theaveragesold pricewas$886,340,1.1% below last m onth;theaveragePSF salepricewas$561,down 0.2% tolastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 17% 138 796
% Change
No. 55% 281 512
% Change
TOTALLISTINGS TOTALSALES
40% 217 540
1.9% 0.7% 2% 132% 57% -32%
-0.2% -1.1% -1.5% -27% -23% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$561 $886,340 $870,000
$562 $896,280 $883,000
$550 $880,233 $853,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
796
692
695
570
621
507
540
428
512
466
428
415
404 222
281
167
217
248
145
121
218
138
140
131
92
80
$853K $805K $820K $795K $825K
$830K $863K $865K $883K $870K
$789K $788K $792K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
54
250
4+ bdrms
185
200
111
3 bdrms
150
254
43% 42% 43%
40%
35%
100
27%
52
22%
2 bdrms
99
50
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
2
S-L RATIO SALES INVENTORY
10 4 40%
14 6 43%
121 51 42%
272 117 43%
85 30 35%
27 6 22%
11 3 27%
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