surey TOWNHOME-APRIL 2021
SALESTO LISTINGSRATIO 85% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 24% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 28% VS2020
▼ 10% VS2020
▲ 301% VS2020
Therewere558townhomelistingsinSureyinApril, 33%aboveMarchand10%lowerthanApril2020. Apriltownhomesalesincreasedby1.3% month-over-month,to473,andwere301%aboveApril 2020. Thesales-to-listingratiofortownhomesinSurey,at 85%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$743,000,a2% increasefromMarchand28%aboveApril2020. Theaveragesoldpricewas$752,848,2%abovelast month;theaveragePSFsalepricewas$479,up4%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 19% 118 618
%Change
No. 467 420
%Change
TOTALLISTINGS TOTALSALES
85% 473 558
344% 301% -10%
-24% 1.3% 33%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$460 $736,624 $725,000 111%
$479 $752,848 $743,000
4% 2% 2%
$386 $601,646 $577,750
24% 25% 29%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
791
754
754
827
799
617
618 659
558
467
465
473
414
389
368
323
420
31
267
339
324
322
315
290
18
130
$743K
$725K
$685K
$652K
$633K
$620K
$625K
$621K
$615K
$600K
$602K
$592K
$578K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
118
100%+ 100%+
4+bdrms
158
87%
250
80%
200
64%
251
3bdrms
307
50%
150
46%
100
104
2bdrms
92
50
0
<$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
13 6 46%
90 58 64%
314 272 87%
127 102 80%
10 25 250%
1 9 900%
2 1 50%
1 0 n/a
1
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●
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