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

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