Blog Post

Sales increase slightly as inventory hits 10-year low for the month of October

Tom Ireland • Nov 03, 2016

The Fraser Valley real estate market remained active through October, with sales breaking slightly higher than the 10-year historical average for the month. The post Sales increase slightly as inventory hits 10-year low for the month of October appeared first on Andy Schildhorn, PREC.

OCTOBER MARKET STATS ARE OUT!

The Fraser Valley real estate market remained active through October, with sales breaking slightly higher than the 10-year historical average for the month.

Here’s a little breakdown:

– October sales were down 17.4% from same month last year
– There were 7.7% fewer homes listed than the previous year
– The benchmark price for a single-family detached home was $872,100

Give me a call if you have any questions!

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