I just sold this Apartment at #307 1442 Blackwood Street, White Rock, BC .
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I just sold this Apartment at #307 1442 Blackwood Street, White Rock, BC .
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I just sold this Townhouse at #101 12755 16 Avenue, South Surrey, BC .
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I just sold this Townhouse at #102 12755 16 Ave., SOUTH SURREY , BC Ocean Park.
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I just sold this House at 18860 70 Avenue, Surrey , BC Clayton Village.
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I just sold this Apartment at #343 10838 CITY PARKWAY, SURREY, BC .
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I just sold this House at 4594 197 Street, Langley, BC Hunter Park/Langley City.
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I just sold this Townhouse at ##9 12778 66 Avenue, Surrey, BC .
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I just sold this Townhouse at #168 13742 67 Avenue, Surrey, BC .
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I just sold this Townhouse at #5117 203 Street, Langley, BC Langley City.
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I just finished uploading this Townhouse for sale, 15148 Beachview Avenue, White Rock, BC
COMING SOON! Call for more details.
We are proud to announce that this Feb 18th, 2:00 PM to 4:00 PM we will be hosting an Open House at 20962 48 Ave. in the NEWLANDS neighborhood, Langley. This is an opportunity to visit this excellent House for sale in beautiful NEWLANDS.
Please come with any questions you may have. In the meantime you can take a virtual tour of this NEWLANDS House for sale.
As always please do not hesitate to give me a call at 604.533.3491 if I can answer any questions before the open house, or if you would like to book a private showing.
Tammy Evans, Personal Real Estate Corporation
Treeland
SURREY, BC – Fraser Valley housing market activity in January continued on the momentum seen throughout 2017 with year-over-year increases seen for both sales and pricing.
The Fraser Valley Real Estate Board processed 1,210 sales of all property types on its Multiple Listing Service® (MLS®) in January, an increase of 24 per cent compared to the 976 sales in January of last year, and a 10 per cent decrease compared to the 1,344 sales in December 2017. This was the third highest sales total for a January in the Board’s history, behind only 2016 (1,338) and 1992 (1,270).
Of the 1,210 sales processed last month 281 were townhouses and 338 were apartments, together representing 51 per cent of all transactions in January.
“This will be the third consecutive year of heightened market activity for our region, and we’re starting 2018 exactly where we left off – gradually rising prices, tight inventory, and the dominance of attached home sales," said Gopal Sahota, Board President.
Active inventory for the Fraser Valley finished at 3,962 listings last month, increasing 3.8 per cent month-over-month, and decreasing 10 per cent when compared to January 2017. January’s sales-to-active listing ratio was 31 per cent.
The Board received 2,092 new listings in January, a 63.8 per cent increase from December 2017’s 1,277 new listings, and a 3.9 per cent decrease compared to January 2017.
"Generally, pricing continues to be heavily impacted by ongoing demand and a lack of incoming inventory,” continued Sahota. “While conditions may differ depending on property type and area, it remains a complex real estate environment overall where a thorough understanding of the market and knowing what you’re looking for can make all the difference.”
For the Fraser Valley region the average number of days to sell an apartment in January was 19, and 24 for townhomes. Single family detached homes remained on the market for an average of 46 days before selling.
HPI® Benchmark Price Activity
• Single Family Detached: At $982,700, the Benchmark price for a single family detached home in the Valley increased 0.6 per cent compared to December 2017, and increased 15.1 per cent compared to January 2017.
• Townhomes: At $519,400 the Benchmark price for a townhome in the Fraser Valley increased 1.2 per cent compared to December 2017, and increased 23.4 per cent compared to January 2017.
• Apartments: At $404,100, the Benchmark price for apartments/condos in the Fraser Valley increased 4 per cent compared to December 2017, and increased 44.1 per cent compared to January 2017.
Stats provided by the Fraser Valley Real Estate Board. Full package:
http://www.fvreb.bc.ca/statistics/Package201801.pdf