Fraser Valley Market Shift? 🏠📈 Buyer’s or Seller’s Market?

Andy Schildhorn • November 13, 2024

📞 Book a call/meeting at a time convenient to you – https://calendly.com/andyschildhorn

 

🏡 Fraser Valley Real Estate Market Update Home sales are on the rise in the Fraser Valley! In this video, I summarize the latest market stats and what this shift might mean for buyers and sellers. We’re seeing increased activity, balanced inventory levels, and potential signs of a market shift.

 

📊 Want the full market stats? For a detailed breakdown of the Fraser Valley Real Estate Board's latest report, click here: https://rly.forsale/Stats

 

In this video, I’ll cover:

1️⃣ Increase in home sales and what’s driving it

2️⃣ Inventory levels and sales-to-active listings ratio

3️⃣ Days on market and price trends for detached homes, townhomes, and condos

 

What are your thoughts on where the market is headed? Let me know in the comments below!

 

📅 Ready to make your next move?

Use the link below to book a time that works for you:

 

📅 https://calendly.com/andyschildhorn

📞 778.835.8957 📧 andy@andytherealtor.com

🌐 www.AndytheRealtor.com

 

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Your Langley and Fraser Valley Realtor. 🏡

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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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