surey TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 19% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 16% VS 2022
▼ 19% VS 2022
▲ 111% VS 2022
▼ 50% VS 2022
Therewere428 townhom elistingsin Sur eyin January, 8% below D ecem berand 111% higherthan January2022. Januarytownhom esalesincreased by15% m onth-over-m onth,to 92,and were50% below January 2022. Thesales-to-listing ratio fortow nhom esin Sur ey,at 21% ,reflected aselers'm arket. Thetownhom em edian pricein Januarywas$787,500,a 0.2% changefrom D ecem berand 19% below January 2022. Theaveragesold pricewas$805,652,3% abovelast m onth;theaveragePSF salepricewas$503,down 0.5% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 91% 184 203
% Change -19% -16% -19% -76% -50% 111%
No.
% Change
TOTALLISTINGS TOTALSALES
$503 $805,652 $787,500 21% 92 428
$506 $781,732 $789,000 17% 80 466
25% 15% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-0.5% 3% -0.2%
$619 $964,131 $970,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
812
796
692
781
597
695
690
570
621
427
388
428
466
228
218
167
264
203
145
227
121
184
92
138
131
80
$970K $999K $965K $940K
$885K $870K $853K
$805K $820K $795K $825K $789K $788K
SURREY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
200
21
4+ bdrms
122
150
65%
43
3 bdrms
100
235
29%
28
50
2 bdrms
17% 15%
70
13%
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
14 0 n/a
17 11 65%
128 37 29%
192 33 17%
67 10 15%
8 1 13%
2 0 n/a
1
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