Market in Review - Walnut Grove 2018

Andy Schildhorn • February 6, 2019

Real Estate is settling down.

Detached Family Homes:

Balanced Market

Detached Homes are now in a balanced market. Sales volume is down for the fourth year in a row while maintaining pricing. Homes are taking a bit longer to sell. The first half of 2018 saw a strong build in values. As the year progressed we saw a slow decline in sales volume with weakened prices.


Walnut Grove Condo:

Listings and Sales are Steady

Condo and Townhomes continues to maintain pricing while in a softer market. This is due to below average homes for sale while demand remains consistently strong. 2018 produced the lowest sales volume in 6 years. Average prices shot up in the first 6 months of the year and leveled off in the second half of the year

Now is the time to plan, prepare and implement for maximum dollars and a stress free sale. Keep in touch at WalnutGroveHotsheets.com for the latest listings and sales.


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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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