SURREY, BC – Ongoing demand for Fraser Valley real estate saw overall sales reach the highest point for the month of October in the Board’s history. SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second highest number of property sales and the highest number of new listings in August within the last two … According to the Fraser Valley Real Estate Board ’s Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July. If the February residential real estate statistics for the Fraser Valley are any indication of the Spring market, we’re in for a busy one! REALTORS® are strongly encouraging their clients to embrace technology and avoid in-person activities.”. The listing data on this website is deemed reliable but is not guaranteed accurate by the MLS®. According to the Fraser Valley Real Estate Board ’s Multiple Listing Service® (MLS®) saw the second-highest number of property sales and the highest number of new listings in August within … by Macrealty Marketing Team | Oct 5, 2020 | Buying Real Estate, Fraser Valley, House and Home, Industry, Market Insights | 0 comments. 19664 64 Ave #135, Langley City, BC V2Y 3J6, 6 Mistakes to Avoid When Trading Up to a Larger Home, Saving Money – A guide to saving thousands of dollars when buying a home. Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? According to the Fraser Valley Real Estate Board the housing market activity reaches historic levels in November.. Find a property for sale or lease on REALTOR.ca Search for a REALTOR® in your area on REALTOR.ca Find your answers here Check the latest market trends Learn how REALTORS® of the Fraser Valley … October finished with 6,872 active listings, a decrease of 6.8 per cent compared to September and a decrease of 7.1 per cent year-over-year. The Fraser Valley Real Estate Board publishes a monthly statistics package that includes an overview and breakdown of real estate … Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area. We use cookies to ensure that we give you the best experience on our website. This is the highest recorded sales for September in the history of FVREB. Find all the infographics related to the May Market Statistics by visiting the Facebook Album. Homes Details: The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, … “If you’re thinking of buying or selling, seek expert advice because every neighbourhood and property type is unique.”. The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9 per cent compared to the 1,592 sales in October of last year, and an 6.2 per cent increase month-over-month compared to the 2,231 sales in September. Get instant access to a lot of relevant information about Fraser Valley, Lower Mainland - Southwest, BC real estate… According to the Board, by the end of May, the Fraser Valley Real Estate Board (FVREB) processed a total of 805 sales on its Multiple Listing Service® (MLS®) in May, an increase of 17% … This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca, Macdonald Real Estate Group Inc.2105 West 38th AvenueVancouver, BC V6M 1R8Phone: (604) 263-1911. According to the Fraser Valley Real Estate Board the housing market activity reaches historic levels in September. Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). MLS® Home Price Index (HPI) Benchmark Price. This representation is based in whole or in part on data generated by the Fraser Valley Real Estate … Get real estate stats on average house price, housing inventory, and average days on market. The Fraser Valley Real Estate Board processed 1,028 sales of all property types on its Multiple Listing Service® (MLS®) in November, a decrease of 41 per cent compared to the 1,743 sales in November of … By utilizing market data and statistics, with the help of your Realtor, you can identify the best opportunities that are available to you when you make your move. With Zolo's real estate market trends, you'll get real-time data on Abbotsford's housing market. “For many existing homeowners and first‐time buyers, their buying power is greater than it’s been in a long time. According to the Board, The Fraser Valley Real Estate Board processed 1,352 sales of all property types on its Multiple Listing Service® (MLS®) in February, a 39 per cent increase compared to … The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September, an increase of 66.1% compared to the same month last year and an increase of 9.4%t compared to August The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9 per cent compared to the 1,592 sales … This is the fourth consecutive month of record-breaking or near-record activity for sales and new listings in the region. The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Last month’s active listings were 11.9 per cent below the ten-year average for October. If you continue to use this site we will assume that you are happy with it. Posted by The Warris Group . Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19SURREY, BC – As anticipated, real estate activity saw a steep decline ... (REBGV), the Fraser Valley Real Estate … SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second highest number of property sales and the highest number of new listings in August within the last two decades, when 2,298 sales were recorded in August 2005. Sellers are also recognizing that with lower than normal inventory, this is a smart time to list.”. Stop Paying Rent – A guide to becoming a homeowner rather than a home-renter, 8 Simple Secrets to Avoid Costly Mistakes Buying Your Dream Home, 6 Things You Must Know About Mortgages Before You Buy, Why It Is So Important That Your Home Is Correctly Priced and Marketed Properly, Passing the Home Inspection – What Buyers Are Looking For, on Fraser Valley Housing Market Statistics – October 2020. Visit www.housepriceindex.ca for more information. Single family detached homes remained on market for an average of 30 days before selling. Fraser Valley Real Estate Board (FVREB) Monthly Sales Statistics Sales and new listings reach near record-setting numbers in the Fraser Valley SURREY, BC – The Fraser Valley Real Estate … The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9 per cent compared to the 1,592 sales in October of … FRASER VALLEY STATISTICS. How Much Should I Expect to Pay on Closing Costs? Interest rates are very low, people have saved money over the last few months, and they’re choosing to invest it in their The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent … The Fraser Valley Real Estate Board (FVREB) processed a total of 805 sales on its Multiple Listing Service® (MLS®) in May, an increase of 17 per cent compared to sales in April and a decrease of 47 … Find the October Statistics Package here. May 4 2020. The information has been drawn from … most important asset. April 2020 - Fraser Valley Market Stats. Newly released statistics for September 2020 show there were 2,231 home sales over … It was another particularly strong month for home sales for the Fraser Valley Real Estate Board (FVREB). The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9 per cent compared to the 1,592 sales in October of last year, and an 6.2 per cent … The Board received 3,081, a 12.3 per cent decrease compared to September’s intake and a 29.3 per cent increase compared to October 2019. We are in the middle of a pandemic and in many of our communities we are seeing a strong seller’s market for townhomes and single-family homes priced correctly. For the Fraser Valley region, the average number of days to sell an apartment in October was 36 days, and 27 days for townhomes. Chris Shields, President of the Board, observes, “Our homes have never been more important. 0 comments. The Fraser Valley Real Estate Board processed 2,173 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 54.7 per cent compared to the 1,405 sales in November … Real estate roundup: Fraser Valley, Lower Mainland - Southwest, BC housing market overview Point2 gives you far more than a simple list of houses for sale. And for Mission townhomes, we have zero months of inventory. Check out our curated summary of the Fraser Valley Real Estate Board’s October stats in infographics below. The FVREB processed a total of 2,039 sales … Whether you’re looking to buy or sell real estate, preparation is key. Fraser Valley Real Estate Market Statistics - August 2019 . we’re seeing a trend towards buyers looking for more space and livability in both single‐family homes and townhomes. Fraser Valley Real Estate Board reported that in the last three months, Fraser Valley has seen a defined shift in demand towards single-family detached homes with sales in July through to September garnering 47% of the three main residential types, compared to 43% during the same period last year. View the Fraser Valley Real Estate Board’s entire stats package for October 2020 here. COVID SAFE Christmas Activities To Help You Enjoy The Holidays, Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2020, Greater Vancouver Real Estate Market Statistics – November 2020. MLS Statistics Vancouver Real Estate Board and Fraser Valley Free MLS® Statistics Vancouver and Fraser Valley Stan Direct: 604-202-1412 E-mail: [email protected] Stelli Direct: 604-202-4141 E-mail: [email protected] If you are interested in more accurate Free MLS Statistics Vancouver and Fraser Valley … The Fraser Valley Real Estate Board’s statistics are out for November and the market is unrelenting, setting more record sales figures while prices continue to climb.. As we near the end of … Fraser Valley Housing Market Statistics – November 2020, Fraser Valley Housing Market Statistics – July 2020, Common Real Estate Lingo – Glossary of Terms. Across the Fraser Valley, The Fraser Valley Real Estate Board processed 2,173 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 54.7 per cent compared to the 1,405 sales in November … June 2019 Fraser Valley Real Estate Board Statistics Package with Charts & Graphs. The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the . Fraser Valley Housing Market Statistics – July 2020 Sales and new listings reach near record-setting numbers in the Fraser Valley SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing … Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley. This month’s key metrics from the Fraser Valley Real Estate … About Fraser Valley Real Estate Board. Chris Shields, President of the Board, observes, “The situation is unprecedented. For example, in Langley, our current supply of detached homes would sell in 1.4 months if no new listings became available. © 2019 IDX information on this website is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings held by brokerage firms other than the owner of this website are identified in the listing details. The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September, an increase of 66.1% compared to the same month last year and an increase of … The FVREB … Baldev Gill, Chief Executive Officer of the Board, adds, “As our region faces a current surge in cases of COVID-19 and gatherings are being further restricted, it’s important to emphasize that the real estate industry – one of the first to adapt successfully to the necessary safety requirements – continues to be vigilant in order to contain the spread. This report's … The Fraser Valley Real Estate Board processed 2,173 sales of all property … The volume of new listings received by the Board in October dipped compared to September, however still ranked the highest for the month in the last decade and the fourth highest of all time. 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