surey CONDO -JULY 202
SALES TO LISTINGSRATIO 27% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 20% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 18% VS 2021
▲ 12% VS 2021
▼ 35% VS 2021
Therewere619 condolistingsin Sur eyin July,0.2% aboveJuneand 12% higherthan July2021.
Julycondosalesdecreased by21% m onth-over-m onth,to 165,and were35% below July2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 46% 254 551
% Change
No. 34% 209 618
% Change
Thesales-to-listing ratio forcondosin Sur ey,at27%, reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
27% 165 619
20% 18% 18% -42% -35% 12%
-6% -1.5% -0.9% -21% -21% 0.2%
Thecondom edian pricein Julywas$535,000,a0.9% decreasefrom Juneand 18% aboveJuly2021. Theaveragesold pricewas$540,462,1.5% below last m onth;theaveragePSF salepricewas$687,down 6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$687 $540,462 $535,000
$729 $548,908 $540,000
$571 $458,376 $453,500
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
619
551
622
618
437
436
495
466
368
336
377
377
293
287
288
301
254
216
209
274
265
257
221
217
165
201
$562K $575K $570K $590K
$545K $540K $535K
$500K $527K
$454K $465K $470K $475K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
350
300
4+ bdrms
1
250
8
200
3 bdrms
37
50%
150
35%
100
91
23%
2 bdrms
16%
350
50
8%
0
66
<$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
47 11 23%
328 116 35%
218 35 16%
8%
2 1 50%
231
24 2
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