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New property listed in Pacific Douglas, South Surrey White Rock

NEW LISTING!  330 172A ST in Surrey.
Welcome to Coast 49. A Maritime Inspired sub-division. This home features 3 bdrms, 2.5 baths. This home features California shutters throughout, large Den/Flex room on the main, great home office. The Great Room with gas fireplace opens to the kitchen. Granite counters and large sit at island. Kitchen features gas stove, s/s appliances and pantry. Master with separate tub/shower and lots of closet space. Two more generous sized bedrooms up along with a Main bath. Laundry conveniently located upstairs. Outdoor patio & grassy area are fully fenced. 2 Car detached garage plus an extra parking space all with lane access. The basement is UNFINISHED with r/in for bathroom, separate entry. You could easily add 2 bedrooms & games room along with storage. Plenty of space for a growing family.
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Sales and new listings reach near record-setting numbers in the Fraser Valley

SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July.


The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458 sales during July of last year. Last month’s sales were 25.5 per cent above the tenyear average for July and second only to July 2015.


Chris Shields, President of the Board, observes, “In the context of the current pandemic environment, our market is significantly ahead of what we anticipated. We’re seeing market conditions representing a seller’s market for townhomes and single-family homes in the Fraser Valley. For example, in North Delta, Cloverdale, Langley, Abbotsford and Mission, for every 100 active detached listings, 40 or more sold in July.”


“We attribute it to continued pent-up demand from what would have been a strong spring market for us; and clearly, near record-setting low interest rates. Buyers should take note that in some of our communities, the lack of supply and increase in demand is putting upward pressure on home prices. The average price of a detached home in our region set a record high in July, last set two years ago during the same month.”


The Fraser Valley Board received 3,549 new listings in July, a 2.7 per cent increase compared to June’s intake of 3,456 new listings and a 26.9 per cent increase compared to July of last year. July’s new listings were 18.3 per cent above the ten-year average for the month and second only to July 2008. Last month finished with 7,341 active listings, an increase of 3.9 per cent compared to June’s inventory and a decrease of 12 per cent year-over-year.


Baldev Gill, Chief Executive Officer of the Board, adds, “The real estate profession has worked hard to make the buying and selling process safe during this pandemic and consumers have responded. Homeownership is a prudent, long-term investment strategy that isn’t as vulnerable to short-term fluctuations, and in this period of economic uncertainty, it’s encouraging to see the strong demand currently for Fraser Valley real estate.”


In July, the average number of days to sell an apartment was 34; 28 for townhomes and 34 for single family detached.


MLS® HPI Benchmark Price Activity


• Single Family Detached: At $1,008,000, the Benchmark price for a single-family detached home in the Fraser Valley increased 1.4 per cent compared to June and, increased 5.3 per cent compared to July 2019.


• Townhomes: At $563,200, the Benchmark price for a townhome in the Fraser Valley increased 0.6 per cent compared to June and increased 3.3 per cent compared to July 2019.


• Apartments: At $437,300, the Benchmark price for apartments/condos in the Fraser Valley increased 0.5 per cent compared to June and increased 3.8 per cent compared to July 2019.

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New property listed in Sunnyside Park Surrey, South Surrey White Rock

NEW LISTING!  15310 28A AVE in Surrey.
Welcome home! This lovely rancher is tucked away in a quiet cul-de-sac . Spacious 1800 sq.ft 3 bdrm 2 bath well kept Rancher. This home has a great layout. Large riving room with attached dining room with vaulted ceiling. Master suite features new ensuite and walk in closet. 2 other generous sized bedrooms. New Kitchen off the family room which opens to your private fenced South facing backyard. Features include new paint, wainscotting and baseboards throughout, new flooring, updated bathrooms, newer stainless appliances, furnace 2007, security system, built in vac, blinds. Close to Southpoint shopping, transit, hwy.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.