Check out Real Estate Weekly’s latest infographic showcasing the sales and prices of townhouses, condos, and detached houses throughout the Fraser Valley.
4,830 (-3.8% from previous month; -26.7% from last year)
2,066 (+2.7% from previous month; -10.4% from last year)
MLS estimate of the value of a “typical” home in a community, based on the most popular combination of features:
- North Delta – $595,000
- North Surrey – $403,600
- Surrey – $523,800
- Cloverdale – $523,800
- South Surrey/ White Rock – $684,100
- Langley – $465,200
- Abbotsford – $344,800
- Mission – $378,900
- Fraser Valley – $472,700
In a Sentence …
According to the board, townhouse and condo price remain muted despite townhome inventory dropping rapidly. Sales-to-active listings ratio is 24% which indicates a seller’s market.
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