surey DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 10% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2022
▲ 5% VS 2022
▲ 26% VS 2022
▲ 16% VS 2022
Therewere1,517 detachedlistingsin Sur eyin O ctober, 2% aboveSeptem berand 26% higherthan October2022. O ctoberdetached hom esalesdecreased by 9% m onth-over-m onth,to 158,and were16% aboveO ctober 2022. Thesales-to-listing ratio fordetached in Sur ey,at10% , reflected abuyers'm arket. Thedetachedm edian pricein Octoberwas$1,472,500,a 6% decreasefrom Septem berand 5% aboveO ctober 2022. Theaveragesold pricewas$1,647,982,5% below last m onth and up 10% toOctober2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
10% 158 1,517
11% 136 1,202
10% 5% -8% 16% 26%
12% 174 1,484
-5% -6% -11% -9% 2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,730,053 $1,565,000
$1,647,982 $1,472,500
$1,501,885 $1,402,500
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,517
1,375
1,294
1,484
1,420
1,155
1.84
1,17
1,202
1.77
1.76
1.57
1.56
963
1.50
894
895
863
826
312
300
261
192
145
133
123
88
266
158
136
182
174
$1.65M $1.58M $1.60M
$1.57M $1.47M
$1.52M $1.63M
$1.46M $1.39M $1.48M $1.47M
$1.40M $1.35M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
600
500
400
56%
300
50%
34%
200
20%
100
10%
8%
6%
5%
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
16 9 56%
4 2 50%
20 2 10%
53 18 34%
256 52 20%
569 46 8%
263 12 5%
142 9 6%
194 8 4%
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