surey CONDO -JULY 2023
SALES TO LISTINGSRATIO 34% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.1% VS 2022
▲ 0.5% VS 2022
▲ 6% VS 2022
▲ 36% VS 2022
Therewere654 condolistingsin Sur eyin July,2% below Juneand 6% higherthan July2022.
Julycondosalesdecreased by14% m onth-over-m onth,to 224,and were36% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 27% 165 619
% Change
No. 39% 260 668
% Change
Thesales-to-listing ratio forcondosin Sur ey,at34%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
34% 224 654
28% 36% 6%
0% -1.3% -3% -12% -14% -2%
Thecondom edian pricein Julywas$537,500,a3% decreasefrom Juneand 0.5% aboveJuly2022. Theaveragesold pricewas$540,176,1.3% below last m onth;theaveragePSF salepricewas$737,up 0.0% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$737 $540,176 $537,500
$736 $547,533 $555,000
$687 $540,462 $535,000
7% -0.1% 0.5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
654
603
590
668
619
576
580
579
497
496
485
463 465
260
222 237
224
168
236
130
165
104
148
136
16
87
$558K $555K $538K
$535K $515K $506K
$530K $515K
$500K $525K $532K
$480K $508K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
4+ bdrms
1
300
69%
7
3 bdrms
200
34
36%
29%
116
100
2 bdrms
18%
358
0
101
<$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
32 22 69%
368 132 36%
222 65 29%
28 5 18%
2 0 n/a
1 0 n/a
1 0 n/a
261
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