Market in Review - Fort Langley 2018
Market Dynamics are Changing
Fort Langley
No Longer Going Up
Sales volume is down for the third year in a row. Prices are starting to decline. For the first time in several years we are seeing sales under $1,000,000 for a building lot. New homes are taking a bit longer to sell. Last year’s low volume of sale is indicative of low inventory which could mean the right buyer is waiting for the right home to come up for sale. This could be a stabilizing factor for our local market
Bedford Landing:
Listings and Sales are Steady
Bedford Landing continues to maintain pricing in a softer market. This is due to lower than average homes for sale while demand remains consistently strong. Bedford Landing is proving itself to be a vibrant location with quality newer homes. Values should continue to remain strong as this neighbourhood matures.
Now is the time to plan, prepare and implement for maximum dollars and a stress free sale. Keep in touch at FortLangleyHotsheets.com for the latest listings and sales.
