Real estate rebound continues for Fraser Valley
The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, a 18.5 per cent increase compared to sales in September 2019, and a 37.8 per cent increase compared to the 1,155 sales in October of last year.
Darin Germyn, President of the Board, says, "Our market started to pick up in the summer and we've been steadily improving since. It's rare to see October home sales in the Fraser Valley outpace April and that's what we've seen this year; our typical spring and fall markets have flipped.
MLS® HPI Benchmark Price Activity
For the Fraser Valley region, the average number of days to sell an apartment in October was 34, and 37 for townhomes. Single family detached homes remained on the market for an average of 46 days before selling.
Full Package: http://fvreb.bc.ca/statistics/Package201910.pdf
Categories: 2019 | 2020 | April | August | Brookswood Langley, Langley Real Estate | Cloverdale BC, Cloverdale Real Estate | COVID-19 | Crescent Bch Ocean Pk., South Surrey White Rock Real Estate | December | Downtown VW, Vancouver West Real Estate | East Central, Maple Ridge Real Estate | February | Fraser Valley Real Estate Stats | Gibsons & Area, Sunshine Coast Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | January | July | June | King George Corridor, South Surrey White Rock Real Estate | March | May | Morgan Creek, South Surrey White Rock Real Estate | November | October | Pender Harbour Egmont, Sunshine Coast Real Estate | Real Estate Stats | Resources For Homeowers | Sechelt District, Sunshine Coast Real Estate | September | Sullivan Station, Surrey Real Estate | Sunnyside Park Surrey, South Surrey White Rock Real Estate | White Rock, South Surrey White Rock Real Estate | Willoughby Heights, Langley Real Estate