surey DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 72% SELLERS'MARKET
▶ MARKETSUMMARY Therewere487detachedlistingsinSureyinDecember, 30%belowNovemberand40%lowerthanDecember 2020. Decemberdetachedhomesalesdecreasedby9% month-over-month,to349,andwere34%below December2020. Thesales-to-listingratiofordetachedinSurey,at72%, reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$1,664,000, a0.8%increasefromNovemberand37%above December2020. Theaveragesoldpricewas$1,772,280,1.2%belowlast monthandup33%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 33% VS2020
▲ 37% VS2020
▼ 40% VS2020
▼ 34% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 65% 532 813
%Change
No. 55% 385 698
%Change
TOTALLISTINGS TOTALSALES
72% 349 487
33% 37% 10% -34% -40%
-1.2% 0.8% 30% -9% -30%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,794,148 $1,651,000
$1,772,280 $1,664,000
$1,328,124 $1,214,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,422
1,579
1,539
1,196
1.97
1.92
1.89
1,199
91
1.68
1.67
1,023
754
813
698
1.53
834
634
808
782
532
634
630
409 400
385
487 349
437
400
396
385
$1.66M
$1.65M
$1.55M
$1.51M
$1.46M
$1.43M
$1.42M
$1.42M $1.37M
$1.41M
$1.40M
$1.30M
$1.21M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
200
100%+
100%
100%+ 100%+ 100%+
150
57%
100
44%
50
12%
11%
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-LRATIO SALES INVENTORY
18 8 44%
1 3 300%
2 2 100%
7 9 129%
46 70 152%
107 184 172%
82 47 57%
76 9 12%
148 17 11%
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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