Andy Talks Real Estate πŸ¦ƒ Real Estate Market Insights

Andy Schildhorn • October 21, 2024

πŸ“… Book a convenient time to discuss your real estate plans: https://calendly.com/andyschildhorn

 

🍁 Thanksgiving in Langley:

This special Thanksgiving edition discusses what we’re grateful for, from community support to local businesses, and highlights upcoming events like the Cranberry Festival in Fort Langley.

 

πŸ“Š October 1st Market Trends:

As of October 1st, the real estate market continues to see a rise in inventory while sales remain slow. With 8.1-9.2 months of inventory, we’ve officially entered a buyer’s market across the Fraser Valley. Detached homes are seeing price declines, while condos and townhomes stay relatively stable. If you're considering buying, now is a great time to take advantage of the current market conditions.

 

πŸ“ˆ Key Market Insights:

September showed a 21% increase in listings, with total inventory up 39% compared to last year. Sales have slowed, but with interest rate announcements and the election approaching, we expect to see a potential shift in the coming weeks.

 

Want to learn more or have questions? I'm just a call or message away!

 

πŸ”— Connect with me: 

πŸ“ž Call/Text: 778.835.8957

πŸ“§ Email: andy@andytherealtor.com

🌐 Website: www.andytherealtor.com

πŸ’¬ Book a call: https://calendly.com/andyschildhorn


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