surey TOWNHOME-JULY 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 16% VS 2021
▲ 93% VS 2021
▼ 53% VS 2021
Therewere796 townhom elistingsin Sur eyin July,2.0% below Juneand 93% higherthan July2021. Julytownhom esalesdecreased by37% m onth-over-m onth,to 139,and were53% below July 2021. Thesales-to-listing ratio fortow nhom esin Sur ey,at 17% ,reflected abalanced m arket. Thetownhom em edian pricein Julywas$850,000,a2% decreasefrom Juneand 16% aboveJuly2021. Theaveragesold pricewas$879,260,0.1% below last m onth;theaveragePSF salepricewas$550,down 4% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 72% 295 412
% Change
No. 27% 219 812
% Change
TOTALLISTINGS TOTALSALES
17% 139 796
14% 18% 16% -76% -53% 93%
-4% -0.1% -2% -35% -37% -2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$550 $879,260 $850,000
$571 $880,452 $870,000
$482 $743,232 $735,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
796
812
781
597
690
427
388
412
312
307
303
267
255
295
228
219
302
203
266
264
249
233
227
139
184
139
$970K $999K $965K $940K
$885K $870K $850K
$840K $880K
$735K $740K $785K $799K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
400
32
4+ bdrms
226
300
75
3 bdrms
433
200
40%
33%
32
25%
100
2 bdrms
18%
16%
135
13%
4%
0
<$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
6 2 33%
22 4 18%
169 43 25%
416 67 16%
128 17 13%
45 2 4%
10 4 40%
2
Copyright© August4,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofAugust4,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 42 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online