September, 2019 RSS Icon
Found 3 entries for September, 2019.

September was the second month in a row that home sales in the Fraser Valley surpassed 2018 levels, which brings the market back to historical norms.

In August, there were 1297 sales of all property types on the Fraser Valley Real Estate Board’s Multiple Listing Service®  (MLS® ).  All property types have been selling and, finally, there has been a resurgence in the single-family home market. 

By the end of August, there were 8,040 active listings available in the Fraser Valley. This is a 9.6% increase compared to August of 2018 and a 3.6% decrease compared to July 2019.

 

Fraser Valley Real Estate Stats for August 2019 - Quick Glance

  • Detached – SALES DOWN FROM LAST MONTH: -8.3%
  • Townhouse – SALES DOWN FROM LAST MONTH: -16.2%
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Fraser Valley housing market continues to stabilize as sales pick up compared to last year

For the second month in a row, home sales in the Fraser Valley surpassed 2018 levels bringing the market closer to historical norms.  

The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, an 11 per cent decrease compared to sales in July 2019, and a 12.3 per cent increase compared to the 1,155 sales in August of last year.   

Darin Germyn, President of the Board, observed, “Compared to last year, this August has been quite robust. All property types are selling and we’re seeing a resurgence in the single‐family detached market. Across North Delta, Surrey and Langley, sales are up

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A quick snapshot of the Fraser Valley's real estate market today covering the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. All single family home, townhome and condo data sourced from the FVREB MLS®.

For more information on the current state of the real estate market within the specific community and property type you are interested in please contact Natasha Taylor directly by calling or texting 778-316-4290 or by emailing ntaylor@sutton.com.

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