Surrey – macdonald realty
 
North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – December 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – December 2019

In December the Board processed a total of 1,247 sales, the third-best December since 2010. Active inventory finished at 4,686 units in December, 20.3% lower than the 10‐year average for the month, with a total of 948 new listings entering the market throughout the month.

Darin Germyn, President of the Board and Macdonald Realty real estate agent said that comparatively, 2019 was slower than normal for that region.  “Earlier in the year, we were still feeling the impact of the stress test introduced in 2018, but with steady job growth in our region and a stable economy, we’ve seen sales in the last few months return to above‐average levels.”

Germyn added, “Some sellers have been holding back on listing, waiting until the market improves, with the result that supply in many areas currently is quite tight; so if you’re looking to enter the market in 2020, now is a good time. Without a healthy supply of inventory in the coming months, we could see upward pressure on prices.”

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 December 2019.

 

Cloverdale

In the Cloverdale market, there were 70 sales of detached homes and 30 active listings at the end of the month. The benchmark sale price was $998,100.

In comparison, the condo market had 21 sales, 29 active listings, and the benchmark sale price was $448,700.

Townhome market featured 37 sales, 55 active listings and a $560,700 benchmark sale price.

It’s a seller’s market in Cloverdale.

 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 December 2019.


North Surrey

In the North Surrey market, the benchmark sale price was $933,400 for detached homes. At the end of the month, there were 196 active listings and 48 sales.

The condo market had 91 sales and 241 active listings. The benchmark sale price was $395,700.

Townhomes featured 22 sales, 60 active listings and a $552,200 benchmark sale price.

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

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 December 2019.

Surrey Central

In the Surrey Central market, the benchmark sale price was $999,200 for detached homes. At the end of the month, there were 118 active listings and 329 sales.

The condo market had 28 sales and 53 active listings. The benchmark sale price was $409,300.

Townhomes 69 12 sales, 202 active listings and a $554,400 benchmark sale price.

It’s a seller’s market in Surrey Central. 

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 December 2019.


White Rock/South Surrey

In the White Rock/South Surrey market, there were 61 sales of detached homes and 359 active listings at the end of the month. The benchmark sale price was $1,299,500.

In comparison, the condo market had 49 sales, 178 active listings, and the benchmark sale price was $475,800.

Townhome market featured 43 sales, 147 active listings and a $625,000 benchmark sale price.

It’s a seller’s market for condos and townhomes in White Rock/South Surrey.

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 December 2019.


Abbotsford

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 December 2019.


Langley

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 December 2019.


Mission

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 December 2019.


North Delta

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 December 2019.


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

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2019

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. 

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.

 

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. 

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.

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. 

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.

 

 Cloverdale

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.

North Delta

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.

North Surrey

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.

Surrey Central

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.

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

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – October 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – October 2019

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.

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

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.

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

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. 

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

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, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

Abbotsford

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

Langley

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

North Delta

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

Mission

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2019

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

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – September 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – September 2019

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.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

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.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

 

Surrey Central

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

North Surrey

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

North Delta

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

Mission

Okanagan Real Estate Market Statistics – September 2019

White Rock/South Surrey

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

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.

 Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

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.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

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.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

 

Surrey Central

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

North Surrey

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

North Delta

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

Mission

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

White Rock/South Surrey

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – September 2019

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

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – August 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – August 2019

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.

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

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.

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

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.    

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

 

AbbotsfordUpdated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

CloverdaleUpdated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

Langley

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

North Delta

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

Mission

Updated monthly, real estate market statistics from Macdonald Realty on the North Delta, Surrey, Langley and Fraser Valley listings and sales. August 2019

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

Darin Germyn of Macdonald Realty becomes the Vice President of the Fraser Valley Real Estate Board

Darin Germyn of Macdonald Realty becomes the Vice President of the Fraser Valley Real Estate Board

Darin

(left to right) Darin Germyn, Vice-President; Gopal Sahota, President; John Barbisan, President-Elect

SURREY, B.C., Canada (February 22, 2017) – At the annual Fraser Valley Real Estate Board (FVREB) Annual General Meeting, Darin Germyn from Macdonald Realty South Surrey/White Rock office was elected to be the Vice President of the Board.

The FVREB is a professional association of more than 3,280 Realtors in the Fraser Valley providing its members with a variety of membership services including the Multiple Listing Service®, professional development and technological innovation. Fraser Valley’s new Board of Directors takes office on March 1, 2017.

For more details about FVREB Annual General Meeting in 2017, please click HERE.