Fraser Valley

SURREY

APRIL 2023

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -700,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 1 4

0 0 0 2

NA NA NA

BearCreek Green Tim bers

36 54 10 22 56 70 38 17 54 33 14 41 49 41 2

12

33% 17% 40% 23% 41% 26% 47% 65% 24% 50% 18% 50% 29% 35%

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

BolivarHeights Bridgeview CedarHils EastNew ton

9 4 5

50% 83% 59% 45% 18% 11%

1,000,001 – 1,250,000 24 1,250,001 – 1,500,000 103 1,500,001 – 1,750,000 91 1,750,001 – 2,000,000 102 2,000,001 – 2,250,000 66 2,250,001 – 2,500,000 54 2,500,001 – 2,750,000 24 2,750,001 – 3,000,000 31 3,000,001 – 3,500,000 20 3,500,001 – 4,000,000 7 4,000,001 – 4,500,000 4 4,500,001 – 5,000,000 2 5,000,001 – 5,500,000 2 5,500,001 -6,000,000 2 6,000,001 -6,500,000 0 6,500,001 -7,000,000 0

20 61 41 18

23 18 18 11 13

Fleetwood Tynehead

FraserHeights

Guildford

7 4 2 0 1 0 0 0 0 0 1 0 0

Panoram a Ridge

7% 8%

Port Kels

1 6 7

Queen M ary Park RoyalHeights Sulivan Station

NA

5%

12 17

NA NA NA NA NA NA NA

W estNew ton

Whaley TOTAL*

1

2%

537

157

29%

NA*

7,000,001 & Greater

0

TOTAL*

537

157

29%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

9

3

33% 37% 30% 21% 29%

171 181 176 537

63 54 37

TOTAL*

157

SnapStats®

March

April

Variance

Inventory

490 137

537 157

10% 15%

Solds

Sale Price

$1,430,000 $1,490,000 4%

Sale Price SQFT

$572

$582

2%

Sale to ListPrice Ratio 102%

99%

-3% -8%

Days on M arket

13

12

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator SURREY DETACHED :Selers M arketat29% Sales Ratio average (2.9 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice • M ostActive Price Band** $1 m ilto $1.25 m ilw ith average 83% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $3 m ilto $3.5 m il,BolivarHeights,Queen M ary Park,W haley and m inim um 7 bedroom s • Selers BestBet** Seling hom es in Guildford,RoyalHeights and 3 to 4 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,700,000

$1,625,000 $1,590,000 $1,580,000

$1,452,500 $1,410,000 $1,428,000 $1,430,000 $1,490,000

$1,400,000 $1,390,000 $1,352,500

$1,290,000

13 Month M arket Trend

835

800

781

730

709

696

667

603

537

490

444

423

419

157

137

130

103

83

80

75

68

66

61

61

60

41

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2023 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M ay 1,2023 from the FraserValey RealEstate Board M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .