New property listed in Grandview Surrey, South Surrey White Rock

NEW LISTING!  89 2450 161 A ST in Surrey.
Awesome end unit in Glenmore, tucked away in a quiet cul-de-sac. This home shows pride of ownership. 3 bedrooms up, large ensuite & main bath. New washer & dryer. Main floor open floor plan includes large living room, open kitchen with quartz counters, stainless appliances (new Bosch d/w). Walk out to your balcony with a staircase to the HUGE fenced yard. Lower level includes large games room. This home has a side by side 2 car garage. Feels like a house in a resort like townhome complex. Enjoy the amenities such as a gym and pool.

Property sales in the Fraser Valley more than double in one month as buyers return to the market

SURREY, BC – The Fraser Valley real estate market saw a resurgence in activity in June as the industry and consumers continue to successfully adapt to doing business during a pandemic.  

The Fraser Valley Real Estate Board (FVREB) processed a total of 1,718 sales on its Multiple Listing Service® (MLS®) in June, an increase of 113 per cent compared to sales in May and a increase of 32 per cent compared to the 1,306 sales during June of last year. Last month’s sales were 6.4 per cent below the ten‐year average for June.  

Chris Shields, President of the Board, observes, “We’re cautiously optimistic. June’s numbers clearly indicate that the market is functioning in this challenging new environment and we’re returning to more typical activity levels.”

“It’s due to a combination of factors. Obviously, very low interest rates, pent‐up demand from the previous three months when the market was on hold, and the new CMHC rules that came into effect on July 1st making it harder to qualify for mortgage insurance. Also, consumers have told us that they respect and appreciate the safety protocols and use of technology we’ve implemented and they’re getting more comfortable with the new buying and selling process.”

The Fraser Valley Board received 3,456 new listings in June, a 57 per cent increase compared to May’s intake of 2,207 new listings and a 23 per cent increase compared to June of last year. June finished with 7,063 active listings, an increase of 9 per cent compared to May’s inventory and a decrease of 17 per cent year‐over‐year.

Shields adds, “We can’t predict how our market will continue to respond during COVID, but what we do know is that historically, over 80 per cent of Fraser Valley buyers move within our region and half purchase within their own community. People buy and sell for lifestyle reasons and currently, even during this uncertain time, conditions are favourable. The market is balanced, inventory is growing, and prices remain stable.”  

In June, the average number of days to sell an apartment was 37; 30 for townhomes and 31 for single family detached.

MLS® HPI Benchmark Price Activity

 Single Family Detached: At $994,500, the Benchmark price for a single‐family detached home in the Fraser Valley increased 0.4 per cent compared to May and, increased 3.6 per cent compared to June 2019.

 Townhomes: At $559,600, the Benchmark price for a townhome in the Fraser Valley increased 0.8 per cent compared to May and increased 1.9 per cent compared to June 2019.

 Apartments: At $435,300, the Benchmark price for apartments/condos in the Fraser Valley increased 0.4 per cent compared to May and increased 3.3 per cent compared to June 2019.


New property listed in Mission BC, Mission

NEW LISTING!  7620 HURD ST in Mission.
Fully renovated, adorable home on a 1/4 acre lot with lane access. Perfect for first time home buyers, investors, or downsizers. This two bedroom home features a massive master bedroom with a large spa like ensuite and two walk in closets! Second bedroom features rustic barn doors that open up into the living area making this room perfect for a second bedroom, office space, or formal dining. The large back yard features a large patio, raised garden beds, and fruit trees. New roof (2019), new hot water tank (2019), updated kitchen (2015), floors, windows... nothing left to do except move in!

New property listed in Grandview Surrey, South Surrey White Rock

NEW LISTING!  2857 160A AVE in Surrey.
Welcome to this beautiful Foxridge built home at Morgan Heights. This gorgeous home boasts a private, West exposure yard with flagstone throughout, tranquil water feature, pond, fire pit. This quality built home features an open floor plan, hardwood floors on the main, high-end finishings throughout. Custom window coverings. Den on the main floor. Open kitchen, dining and Great room.The oversized kitchen includes custom cabinets, granite counters, stainless steel appliances. Large master suite, with walk in closet & lg ensuite. 2 more bdrms up with a Jack & Jill bath. Bsmt is finished with outside access. Games room, bedroom, bath & den. Lots of possibilities. Sunnyside Elementary, Southridge School. Semiahmoo Secondary catchment. Quick possession.
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