Fraser Valley

SURREY

APRIL 2023

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 7

0 0 5

NA NA

BearCreek Green Tim bers

18 10

6 3 0 1

33% 30% 33% 41% 50% 78% 24% 35% 50% 43% 59% 36% 43% NA NA

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

BolivarHeights Bridgeview CedarHils EastNew ton

71% 82% 54% 38% 37% 41% 46% 31% 42%

1 3

33

27 61 52 45 29 34 23 15

113 138 121

49 70 58 17 6

20 35

Fleetwood Tynehead

FraserHeights

6

100%

70 74 74

Guildford

45

Panoram a Ridge

4 0

Port Kels

0

1,000,001 – 1,250,000 36 1,250,001 – 1,500,000 4 1,500,001 – 1,750,000 0 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

Queen M ary Park RoyalHeights Sulivan Station

40

14

0 0 0 0 0 0 0 0 0 0

NA NA NA NA NA NA NA NA NA NA

2

1

61 39

26 23

W estNew ton

Whaley TOTAL*

296 670

107 291

4,000,001 & Greater

0

TOTAL*

670

291

43%

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

195 228 159

80

41% 49% 42% 36% 43%

112

67 32

4 Bedroom s & Greater 88

TOTAL*

670

291

SnapStats®

March

April

Variance

Inventory

654 271

670 291

2% 7%

Solds

Sale Price

$620,000 $601,000 -3%

Sale Price SQFT

$590

$572 100%

-3%

Sale to ListPrice Ratio 100%

0%

Days on M arket

13

9

-31%

*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 ATTACHED :Selers M arketat43% Sales Ratio average (4.3 in 10 hom es seling rate) • Hom es are seling on average 100% oflistprice • M ostActive Price Band** $300,000 to $400,000 w ith average 82% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $900,000 to $1 m il,Panorm a Ridge and m inim um 4 bedroom properties • Selers BestBet** Seling hom es in Guildford,W estNew ton and 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$630,000 $640,000

$620,000 $601,000

13 Month M arket Trend

$590,000 $580,000 $577,450 $590,000 $575,000 $580,000

$565,000 $572,450

992

991

960

$525,000

850

843

838

838

828

670

654

651

643

628

298

293

291

271

257

208

193

182

167

159

137

116

116

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 .