Fraser Valley Real Estate Stats | September 2016
Tom Ireland • October 4, 2016
Fraser Valley inventory reaches highest level in 2016 as sales settle for fall season. The post Fraser Valley Real Estate Stats | September 2016 appeared first on Andy Schildhorn, PREC.
SEPTEMBER MARKET STATS ARE OUT!
Housing sales in the Fraser Valley continued to slow throughout September, dropping below the ten-year sales average for the month for the first time this year.
Here’s a little breakdown:
– September sales were down 24.4% from same month last year
– There were 9.8% fewer homes listed than the previous year
– The benchmark price for a single-family detached home was $879,200
Give me a call if you have any questions!
The post Fraser Valley Real Estate Stats | September 2016 appeared first on Andy Schildhorn, PREC.
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
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