surey TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 183% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 45% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 38% VS2020
▲ 39% VS2020
▼ 64% VS2020
▼ 21% VS2020
Therewere139townhomelistingsinSureyin December,40%belowNovemberand64%lowerthan December2020. Decembertownhomesalesdecreasedby4% month-over-month,to255,andwere21%below December2020. Thesales-to-listingratiofortownhomesinSurey,at 183%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$880,000, a5%increasefromNovemberand39%aboveDecember 2020. Theaveragesoldpricewas$877,518,4%abovelast month;theaveragePSFsalepricewas$585,up6%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 83% 322 389
%Change
No. 267 233
%Change
TOTALLISTINGS TOTALSALES
255 139
122% -21% -64%
6% 4% 5% 60% -4% -40%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$585 $877,518 $880,000 183%
$552 $845,328 $840,000 115%
$403 $636,351 $633,000
45% 38% 39%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
558
519
467
464
414
412
473
459
448
389 322
420
312
303 308
359
267
315
302
295
290
255
266
249
233
139
$880K
$840K
$799K
$785K
$743K
$731K
$730K
$735K
$740K
$725K
$686K
$652K
$633K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
140
67
100%+ 100%+ 100%+ 100%+ 100%+ 100%
120
4+bdrms
38
100
132
80
3bdrms
76
50%
60
40
53
2bdrms
24
20
0
3
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
4 2 50%
9 15 167%
29 54 186%
73 132 181%
22 45 205%
1 6 600%
1 1 100%
1
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 39 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online