“While Sales are inching closer to the record-breaking pace of 2016, the market itself looks different…This year, it’s clear that townhomes and condominiums are leading the way.” Says the Real Estate Board of Greater Vancouver.
Market speed for the Fraser Valley is 70% which officially makes it a seller’s market. Total sales last month were 2417 which is 6% less year over year and 22% greater month over month
Median Sale price was at $659,000, which was a 9% increase year over year and a 6% increase month over month.
Active listings were at 3449 which is a 9% decrease year over year and 9% increase month over month.
9 days was the average time on the market. In comparison that is 10% less than a year ago and 10% less than the previous month.
If you are interested in getting the Real Estate Statistics for your specific area, give me and my team a call at Young Real Estate or email us at firstname.lastname@example.org. We do more than sell your home-we get you the best price!