Fraser Valley

STATS DET SURREY MARCH 2024 Price Band & Bedroom DETACHED HOUSES Community DETACHED HOUSES SnapStats® Inventory Sales Sales Ratio SnapStats® Inventory Sales Sales Ratio $0 - 700,000 0 0 NA Bear Creek Green Timbers 50 6 12% 0 0 NA Bolivar Heights 53 12 23% 3 0 NA Bridgeview 16 1 6% 8 2 25% Cedar Hills 37 13 35% 23 7 30% East Newton 66 8 12% 137 35 26% Fleetwood Tynehead 86 17 20% 147 37 25% Fraser Heights 52 10 19% 141 17 12% Guildford 36 7 19% 65 5 8% Panorama Ridge 66 7 11% 73 6 8% Port Kells 2 0 NA 30 1 3% Queen Mary Park 38 9 24% 35 0 NA Royal Heights 16 1 6% 15 0 NA Sullivan Station 65 3 5% 10 0 NA West Newton 84 11 13% 3 0 NA Whalley 43 5 12% 5 0 NA TOTAL* 710 110 15% 0 0 NA 5,500,001 - 6,000,000 10 0 NA 6,000,001 - 6,500,000 3 0 NA 6,500,001 - 7,000,000 1 0 NA 7,000,001 & Greater 1 0 NA TOTAL* 710 110 15%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

19

2

11% 15% 19% 14% 15%

219 228 244 710

32 43 33

TOTAL*

110

SnapStats®

February

March

Variance

Inventory

670

710 110

6%

Solds

96

15%

Sale Price

$1,475,000 $1,550,000 5%

Sale Price SQFT

$572 98%

$569

-1%

Sale to List Price Ratio

100% 2%

Days on Market

13

14

8%

Market Summary

Market Type Indicator SURREY DETACHED: Balanced Market at 15% Sales Ratio average (1.5 in 10 homes selling rate) Homes are selling on average 100% of list price Most Active Price Band** $1 mil to $1.25 mil with average 30% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $2.5 mil to $2.75 mil, Bridgeview, Royal Heights, Sullivan Station and up to 2 bedroom properties Sellers Best Bet** Selling homes in Cedar Hills and 5 to 6 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$1,580,000 $1,600,000 $1,555,000 $1,540,000

13 Month Market Trend

$1,550,000

$1,520,000

$1,490,000

$1,488,500 $1,475,000

$1,455,000

$1,430,000

$1,417,500

$1,355,000

904

883

868

836

814

789

710

680

670

587

584

537

490

173

163

157

137

115

110

101

99

96

82

80

77

71

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on April 2, 2024 from the Fraser Valley Real Estate Board MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.