surey DETACHED -JANUARY 2023
SALES TO LISTINGSRATIO 11% BUYERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 28% VS 2022
▼ 26% VS 2022
▲ 41% VS 2022
▼ 67% VS 2022
Therewere826 detached listingsin Sur eyin January,8% below D ecem berand 41% higherthan January2022. January detached hom esalesdecreased by m onth-over-m onth,to 88,and were67% below January 2022. Thesales-to-listing ratio fordetached in Sur ey,at11% , reflected abuyers'm arket. Thedetachedm edian pricein Januarywas$1,394,500,a 5% decreasefrom D ecem berand 26% below January 2022. Theaveragesold pricewas$1,464,080,4% below last m onth and down 28% toJanuary2022.
THISMONTH No. $1,464,080 $1,394,500 11% 88 826
PREVIOUSYEAR
PREVIOUSMONTH
No. 46% 269 585
% Change
No. 14% 122 894
% Change
TOTALLISTINGS TOTALSALES
-28% -26% -77% -67% 41%
-22% -28% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,529,780 $1,462,500
-4% -5%
$2,046,312 $1,890,000
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,418
1,488
1,448
1,270
1,202
1,323
1.95
1,285
1,17
1,12
1.85
1.77
1.73
901
1.64
1.55
826
894
446
585
196
269
353
163
136
133
122
275
212
88
146
135
$1.89M $1.90M $1.83M
$1.75M $1.65M $1.60M
$1.54M $1.42M $1.42M $1.40M
$1.35M $1.46M $1.39M
Jan-22
Dec-22
Jan-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
250
100%
200
71%
150
100
36%
27%
50
13%
11%
7%
2%
1%
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
22 6 27%
2 2 100%
7 5 71%
56 20 36%
127 17 13%
238 26 11%
137 9 7%
111 1 1%
126 2 2%
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