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NEW LISTING!  15612 37A AVE in Surrey.
Beautiful Craftsman style home in Morgan Creek. Don't miss this one as it is beautiful. Stunning hardwood floors have just been refinished. Great room plan with built ins and river rock fireplace. Large kitchen with walk in pantry. Separate dining room and den on the main floor. Huge master suite up, 3 more bedrooms with hardwood flooring up as well. Large south facing back yard with covered deck. Basement has a separate entrance and is perfect for Nanny or In-law suite (no cooking facility). Separate games room for the upstairs. Large garage with attached work shop or storage. This home has it all and is in a great neighbourhood.
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Strong finish for mediocre year in Fraser Valley real estate

SURREY, BC – After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year’s sales totals.


The Board’s Multiple Listing Service® (MLS®) processed 15,487 sales in 2019, a 0.6 per cent decrease compared to 2018’s 15,586 sales and the lowest total sales volume for the Fraser Valley since 2013. The total dollar volume of MLS® transactions for the year was $11.2 billion, dropping from $11.8 billion sold during the year prior.


In 2019, total sales of the three main residential property types – detached, townhome and apartment – was 13,773.  Of that total, 5,770 were detached, 3,888 were townhouses and 4,115 were apartments. Year‐over‐year, sales of detached and townhomes increased by 0.6 per cent compared to 2018, while apartment sales dropped by 4.2 per cent.                                                                                                                                                                                            “Comparatively, 2019 was slower than normal for our region,” said Darin Germyn, President of the Board.  “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.”


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 per cent lower than the 10‐year average for the month, with a total of 948 new listings entering the market throughout the month.


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.”


A total of 30,568 new listings were received by the Board’s MLS® system in 2019. This year was the second lowest for new inventory for the Board in the last decade.


MLS® HPI Benchmark Price Activity


 Single Family Detached: At $953,700, the Benchmark price for a single‐family detached home in the Fraser Valley increased 0.2 per cent compared to November 2019 and decreased 1.2 per cent compared to December 2018.


 Townhomes: At $514,900, the Benchmark price for a townhome in the Fraser Valley in the Fraser Valley remained on par with November 2019 and decreased 3.2 per cent compared to December 2018.


 Apartments: At $405,500, the Benchmark price for apartments/condos in the Fraser Valley increased 0.2 per cent compared to November 2019 and decreased 3.1 per cent compared to December 2018.

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New property listed in Crescent Bch Ocean Pk., South Surrey White Rock

NEW LISTING!  14397 26 AVE in Surrey.
Spectacular property on the tip of Woodshire Park. Across from Sunnyside Acres. This home is surrounded by multi-million dollar homes. Great value here. Home is in original condition, but can be easily updated. 3 level split with large rooms. 2.5 baths & 3 bedrooms. Large family room off the kitchen. formal living & dining rooms. This home has amazing potential. The detached 700 sqft shop with bay door is a car enthusiasts dream. Property is nearly 3/4 of an acre with huge potential. This property is a gem!
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Categories:   2019 | 2020 | 2021 | 2022 | 2023 | 2024 | April | August | Brookswood Langley, Langley Real Estate | Cambie, Vancouver West Real Estate | Central Meadows, Pitt Meadows Real Estate | Cloverdale BC, Cloverdale Real Estate | COVID-19 | Crescent Bch Ocean Pk., South Surrey White Rock Real Estate | Dec | December | Downtown VW, Vancouver West Real Estate | East Central, Maple Ridge Real Estate | f | February | Fleetwood Tynehead, Surrey Real Estate | Fraser Valley Real Estate Stats | Gibsons & Area, Sunshine Coast Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Greater Vancouver | Greater Vancouver Real Estate Stats | Guildford, North Surrey Real Estate | January | July | June | King George Corridor, South Surrey White Rock Real Estate | Langley City, Langley Real Estate | March | May | Mission BC, Mission Real Estate | Morgan Creek, South Surrey White Rock Real Estate | November | October | Pacific Douglas, South Surrey White Rock Real Estate | Panorama Ridge, Surrey Real Estate | Pender Harbour Egmont, Sunshine Coast Real Estate | Real Estate Stats | Resources For Homeowers | Salmon River, Langley Real Estate | Sechelt District, Sunshine Coast Real Estate | September | Sullivan Station, Surrey Real Estate | Sunnyside Park Surrey, South Surrey White Rock Real Estate | Sunshine Hills Woods, N. Delta Real Estate | Walnut Grove, Langley Real Estate | Whalley, North Surrey Real Estate | White Rock, South Surrey White Rock Real Estate | Willoughby Heights, Langley Real Estate
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