Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

According to the Fraser Valley Real Estate Board a combination of unseasonably high demand and declining supply reinforced Fraser Valley’s real estate market in November. Darin Germyn, President of the Board and real estate agent at Macdonald Realty, says, “Some listings are seeing a lot of activity depending on location and property type. REALTORS® are reporting more showings, higher traffic at open houses and even some multiple offer situations, which is atypical for the time of year. For our region, a balanced market is when 12 to 20 per cent of active inventory is selling. In November, 33 per cent of our supply of townhomes sold, as did 29 per cent of Fraser Valley condos; indicating that the supply of attached properties isn’t keeping up with demand.”

Abbotsford

In the Abbotsford market, there were 74 sales of detached homes and 379 active listings at the end of the month. The benchmark sale price was $785,100.

In comparison, the condo market had 73 sales, 223 active listings, and the benchmark sale price was $309,200.

Townhome market featured 48 sales, 148 active listings and a $377,700 benchmark sale price.

It’s a seller’s market for condos and townhomes in Abbotsford. 

Langley

In the Langley market, the benchmark sale price was $990,300 for detached homes. At the end of the month, there were 298 active listings and 82 sales.

The condo market had 65 sales and 269 active listings. The benchmark sale price was $399,200.

Townhomes featured 180 sales, 94 active listings and a $490,400 benchmark sale price.

It’s a seller’s market for homes and townhomes in Langley. 

Mission

In the Mission market, the benchmark sale price was $639,200 for detached homes. At the end of the month, there were 150 active listings and 52 sales.

The condo market had 3 sales and 11 active listings. The benchmark sale price was $335,100.

Townhomes featured 12 sales, 26 active listings and a $439,800 benchmark sale price.

It’s a seller’s market in Mission. 

 Cloverdale

North Delta

North Surrey

Surrey Central

White Rock/South Surrey

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? 

 Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

 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). 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. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in October 2019.

 North Surrey

In the North Surrey market, there were 63 sales of detached homes and 329 active listings at the end of the month. The benchmark sale price was $937,600.

In comparison, the condo market had 114 sales, 375 active listings, and the benchmark sale price was $397,900.

Townhome market featured 40 sales, 200 active listings and a $382,100 benchmark sale price.

It’s a balanced market for homes and townhomes in North Surrey.

Surrey Central

In the Surrey Central market, the benchmark sale price was $1,005,200 for detached homes. At the end of the month, there were 569 active listings and 128 sales.

The condo market had 39 sales and 107 active listings. The benchmark sale price was $410,400.

Townhomes featured 112 sales, 312 active listings and a $558,700 benchmark sale price.

It’s a seller’s market for condos and townhomes in Surrey Central.

Cloverdale

There were 40 sales, 131 active listings, and a $996,500 benchmark sale price for detached homes in the Cloverdale market.

The condo market featured 24 sales, 61 active listings and a benchmark sale price of $453,500 at the end of the month.

In comparison, townhome sales were 43, active listings were 106 and the benchmark sale price was $559,300.

It’s a seller’s market in Cloverdale. 

White Rock/South Surrey

In the White Rock/South Surrey market, the benchmark sale price was $1,318,300 for detached homes. At the end of the month, there were 560 active listings and 73 sales.

The condo market had 62 sales and 291 active listings. The benchmark sale price was $474,800.

Townhomes featured 69 sales, 252 active listings and a $640,300 benchmark sale price.

It’s a buyer’s market for homes in White Rock/South Surrey.

Abbotsford

Langley

North Delta

Mission

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? 

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

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). 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. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in September 2019.

Abbotsford

In the Abbotsford market, there were 65 sales of detached homes and 463 active listings at the end of the month. The benchmark sale price was $791,700.

In comparison, the condo market had 69 sales, 257 active listings, and the benchmark sale price was $312,200.

Townhome market featured 40 sales, 200 active listings and a $382,100 benchmark sale price.

It’s a seller’s market for condos in Abbotsford.

Cloverdale

There were 44 sales, 155 active listings, and a $985,800 benchmark sale price for detached homes in the Cloverdale market.

The condo market featured 19 sales, 58 active listings and a benchmark sale price of $450,200 at the end of the month.

In comparison, townhome sales were 37, active listings were 127 and the benchmark sale price was $564,700.

It’s a seller’s market in Cloverdale.

Langley

In the Langley market, the benchmark sale price was $982,300 for detached homes. At the end of the month, there were 392 active listings and 88 sales.

The condo market had 74 sales and 287 active listings. The benchmark sale price was $400,200.

Townhomes featured 87 sales, 243 active listings and a $486,300 benchmark sale price.

It’s a seller’s market for condos and townhomes in Langley.

Surrey Central

North Surrey

North Delta

Mission

White Rock/South Surrey

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? 

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

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). 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. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in September 2019.

Abbotsford

In the Abbotsford market, there were 65 sales of detached homes and 463 active listings at the end of the month. The benchmark sale price was $791,700.

In comparison, the condo market had 69 sales, 257 active listings, and the benchmark sale price was $312,200.

Townhome market featured 40 sales, 200 active listings and a $382,100 benchmark sale price.

It’s a seller’s market for condos in Abbotsford.

Cloverdale

There were 44 sales, 155 active listings, and a $985,800 benchmark sale price for detached homes in the Cloverdale market.

The condo market featured 19 sales, 58 active listings and a benchmark sale price of $450,200 at the end of the month.

In comparison, townhome sales were 37, active listings were 127 and the benchmark sale price was $564,700.

It’s a seller’s market in Cloverdale.

Langley

In the Langley market, the benchmark sale price was $982,300 for detached homes. At the end of the month, there were 392 active listings and 88 sales.

The condo market had 74 sales and 287 active listings. The benchmark sale price was $400,200.

Townhomes featured 87 sales, 243 active listings and a $486,300 benchmark sale price.

It’s a seller’s market for condos and townhomes in Langley.

Surrey Central

North Surrey

North Delta

Mission

White Rock/South Surrey

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? 

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

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). 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. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in August 2019.

North Surrey

In the North Surrey market, there were 46 sales of detached homes and 357 active listings at the end of the month. The benchmark sale price was $933,800.

In comparison, the condo market had 81 sales, 403 active listings, and the benchmark sale price was $396,100.

Townhomes market featured 14 sales, 97 active listings and a $555,500 benchmark sale price.

It’s a buyer’s market for homes and townhomes in North Surrey.

Surrey Central

There were 107 sales, 623 active listings, and a $998,500 benchmark sale price for detached homes in the Surrey Central market.

The condo market featured 22 sales, 124 active listings and a benchmark sale price of $408,200 at the end of the month.

In comparison, townhomes sales were 84, active listings were 360 and the benchmark sale price was $567,600.

It’s a balanced market in Surrey Central.

White Rock/South Surrey

In the White Rock/South Surrey market, the benchmark sale price was $1,326,700 for detached homes. At the end of the month, there were 614 active listings and 59 sales.

The condo market had 63 sales and 288 active listings. The benchmark sale price was $498,900.

Townhomes featured 45 sales, 266 active listings and a $639,100 benchmark sale price.

It’s a buyer’s market for homes in White Rock/South Surrey.    

Abbotsford

Cloverdale

Langley

North Delta

Mission

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley? 

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

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). 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. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca