CHECK OUT THE LATEST STATS FOR SEPTEMBER IN THE FRASER VALLEY – IT IS STILL A SELLERS MARKET

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The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September, an increase of 66.1 per cent compared to the same month last year and an increase of 9.4 per cent compared to August 2020. This is the highest recorded sales for September in the history of FVREB.

In the last three months, Fraser Valley has seen a defined shift in demand towards single family detached homes with sales in July through to September garnering 47 per cent of the three main residential types, compared to 43 per cent during the same period last year.

*Stats above based off data from Fraser Valley Real Estate Board stats centre.

For more information contact Garry Voigt – 604 789 2140 – info@garryvoigt.com

 

CHECK OUT THE LATEST SNAPSTATS VIDEO FOR APRIL IN THE FRASER VALLEY

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Check out the latest SnapStats video for the Fraser Valley. Due to the pandemic we are not seeing the typical number of sales we would see at this time of year. However there has been almost no change in benchmark prices in either condos, townhomes or single family home. In fact prices are slight up over last month and also up over this time last year. The SnapStats indicate that we are currently in a ‘balanced market’

 

 

CHECK OUT THE LATEST SNAPSTATS FOR THE FRASER VALLEY FOR FEBRUARY 2020

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Check out the latest SnapStats for the Fraser Valley for February 2020. Sales are up and there has been a slight increase in sales prices indicating that we are in a ‘Sellers Market’. We are once again seeing multiple offer situations not only in condos and townhomes but also single family homes. Inventory is low and there are a lot of buyers out there!!

Contact Garry Voigt today for more information 604 789 2140 or info@garryvoigt.com

 

This report data was captured on March 2, 2020 from the Fraser Valley Real Estate Board MLS® . Refer to our YTD reports for sustained periods of the Sales Ratio % . The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Garry Voigt do not assume any responsibility or liability. More info at snap-stats.com .

INVENTORY IS LOW – IF YOU ARE THINKING OF LISTING – GET AHEAD OF THE COMPETITION AND DO IT NOW!

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The end of 2019 showed no let up in Real Estate sales and the market was extremely strong! We are in what is considered a ‘Sellers Market’** with some homes going into multiple offers due to low inventory and strong demand from buyers.

**For example, the inventory for Langley Condos was down 30% from November to December 2019 but sale price was up 1%. Sales price per sq ft was up 8%.

Inventory for Langley detached homes was down 35% compared to November and sales prices remained unchanged.

Don’t wait for the ‘Spring Market’! In this sellers market, it pays to get ahead of the competition! If you are considering selling your home in Langley, Cloverdale or in the Fraser Valley, let the Garry Voigt Real Estate Team help.

Gall Garry Voigt today 604 789 2140 or email info@garryvoigt.com.

**© 2010-2020 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic form at without written permission. This report data was captured on January 2, 2020 from the Fraser Valley Real Estate Board M LS® . Refer to our YTD reports for sustained periods of the Sales Ratio % . The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Garry Voigt do not assume any responsibility or liability. M ore info at snap-stats.com .