surey DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 40% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 31% VS2020
▲ 33% VS2020
▲ 347% VS2020
Therewere1,577detachedlistingsinSureyinApril, 32%aboveMarchand33%higherthanApril2020. Aprildetachedhomesalesdecreasedby16% month-over-month,to635,andwere347%aboveApril 2020. Thesales-to-listingratiofordetachedinSurey,at40%, reflectedaseler'smarket.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
40% 635 1,577
12% 142 1,182
235% 347% 33%
63% 757 1,196
0% 0.8% -36% -16% 32%
ThedetachedmedianpriceinAprilwas$1,426,000,a 0.8%increasefromMarchand31%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$1,579,120,0.0%abovelast monthandup26%toApril2020.
$1,578,475 $1,415,000
$1,579,120 $1,426,000
$1,251,334 $1,090,000
26% 31%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,534
1,518
1,577
1,613
1,606
1,550
1,209
1,196
1.95
1.92
1.89
1,316
1,182
1.65
834 632
1.59
757
1.46
813 808
559
635
498
464
533
519
31
457
401
143
142
$1.43M
$1.42M $1.37M
$1.30M
$1.21M
$1.17M
$1.18M
$1.16M
$1.13M
$1.13M
$1.09M
$1.07M
$1.06M
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
400
300
60%
54%
200
47%
45%
33%
23%
100
17%
14%
12%
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
29 13 45%
3 1 33%
66 11 17%
190 103 54%
392 234 60%
419 195 47%
167 39 23%
156 18 12%
155 21 14%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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