For all residential properties in Fraser Valley the average Multiple Listing Service® (MLS®) Home Price Index (HPI) benchmark price is $721850. SURREY, BC – 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’s high demand, however, is accelerating the rise in prices and many home buyers are acting now, not waiting until Spring as they have typically done in previous years. © 2017 Fraser Valley Lifestyle Magazine. Watch as Scott Moe of the MOE Real Estate Team updates you! The Fraser Valley Real Estate Board saw 974 sales in January, a 24.2% cent increase compared to 784 in January 2019. _ _ _ _ _. Last week we covered Vancouver Real Estate Market Predictions for 2021 and now this week we are turning our attention to the Fraser Valley Real Estate Market and beyond. 604-533-3491 Fraser Valley Market Land and Commercial Real Estate Investment activity in the Fraser Valley Menu. In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4% above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020. central surrey condo, fraser valley, fraser valley market update, fraser valley real estate, metro vancouver market update, surrey real estate. The combined benchmark price for all property types in the Fraser Valley at the end of December 2020 was $888,100, an increase of 1.1% from the preceding month. Two factors that I like to point out about the market are: Another month, another record for property sales in the Fraser Valley March 2nd, 2021 SURREY, BC – For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real Estate Board (FVREB). Dated: January 9 2021. We present individual real estate market reports for Surrey, North Delta, White Rock, Langley, Mission and Abbotsford as well as an average report for the Fraser Valley. Older. Fraser Valley home sales set new January record. With Covid-19 protocols firmly established for enhanced safety in property viewing, many home buyers are also looking to the Fraser Valley for lifestyle features not available in denser urban areas. Austin Market Update. The market continues to be very active even with COVID-19. The extremities of this average were South Surrey/White Rock at $681,500 and Mission at $482,700. The three municipalities closest to the benchmark on the lower side of the average were: Surrey at $432,900, an increase of 2.5% from the preceding month; North Surrey at $418,100, a decrease of 0.4% from the preceding month; and Langley at $406,100, an increase of 1.5% from the preceding month. Convert real estate audience to leads with roomvu profile. Setting a new record, Fraser Valley residential sales soared to an historical high in the opening month of 2021. mike@fvlifestyle.com, Oh, by the way…if you know of someone who would appreciate the level of service I provide, In the Fraser Valley-Chilliwack area, for the Month of February 2021, 6% of the Single Family Home Sold Listings reduced their List Price by the average of $96,778. Please don’t hesitate to call me. Subscribe today to receive updates as we publish Fraser Valley Market … On the supply side, new listings in January increased to 2,784, a sharp increase of 85% over the preceding month’s total of 1,502. By utilizing market data and statistics, with the help of your Realtor, you can identify the best opportunities that are available to you when you make your move. Fraser Valley & Chilliwack Area Real Estate Investment Market Conditions - Monthly Overview. Remax Treeland Setting a new record, Fraser Valley residential sales soared to an historical high in the opening month of 2021. Fraser Valley real estate to continue as a seller’s market in 2021, prices to increase by 2% Fraser Valley real estate is expected to continue as a seller’s market in 2021. This video comes from Keller Williams and is a short overview of the current conditions throughout the entire country. Greater Vancouver Market Update. New Jersey Market Update ... Fraser Valley & Chilliwack. Affordability is also a key attraction, and the Valley continues to draw first-time home buyers and young families to spacious, quality homes at prices within their budgets. If you are thinking about listing your home for sale, I can also advise you on the optimal price for the current market conditions. SURREY, BC – In a month that is usually one of the quietest in real estate, Fraser Valley’s market continued at a breakneck pace, producing the strongest January sales on record as well as a modest uptick in new listings. great care of them in a way that is healthy and safe. Although rare, errors and omissions may happen from time to time.
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