October, 2015 RSS Icon
Found 3 entries for October, 2015.

Check out Real Estate Weekly’s latest infographic showcasing the sales and prices of townhouses, condos, and detached houses throughout the Fraser Valley. 

Fraser Valley Real Estate Infographic

Infographic Details

Active Listings

4,830 (-3.8% from previous month; -26.7% from last year)

New Listings

2,066 (+2.7% from previous month; -10.4% from last year)

Benchmark Prices

MLS estimate of the value of a “typical” home in a community, based on the most popular combination of features:

  • North Delta - $595,000
  • North Surrey - $403,600
  • Surrey - $523,800
  • Cloverdale - $523,800
  • South Surrey/ White Rock - $684,100
  • Langley - $465,200
  • Abbotsford - $344,800
  • Mission - $378,900
  • Fraser Valley - $472,700

In a Sentence …

According to the board,

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This is a question a Realtor gets asked all the time … by clients, friends, investors, colleagues, acquaintances.  

In response to the question here are a couple recently published articles that help explain the Great Vancouver and Fraser Valley real estate market in September and how it has set the tone for October sales. It is important to keep in mind that real estate is highly localized and dependant on the specific neighborhood you are in. It is best to speak with a local Realtor in the areas that interest you to get an accurate picture of its conditions.

Home Sales in Fraser Valley Remain Brisk as Supply Tightens

Jorda Maisey, FVREB president, said, “Sales remain brisk depending on the property type and location. We’re continuing to see

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Sellers market continues for single family detached and townhomes in Fraser Valley.

A couple weeks ago the Fraser Valley Real Estate Board (FVREB) released the monthly Fraser Valley real estate statistics package for September 2015. Results show that property sales in the Fraser Valley remained strong in September.

Here are 5 other key takeaways you need to know about the current Surrey and Fraser Valley real estate market.

Home sales are brisk.

This September saw an increase of 22% compared to sales in September 2014. A total of 1,727 sales were processed which is equivalent to September 2005 and second only to September 1992 which holds the record for sales for the month of September.

House and townhouse selection is tight.

FVREB

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