Fraser Valley

S SURREY W HITE ROCK

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 2 0 0

1 1 0 0 4

NA*

CrescentBeach O cean Park

47 46 34 35 16 20 27 71 2

14

30% 17% 18% 31% 31% 25% 48% 25% 27% NA

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

50%

Elgin Chantrel

8 6 0 5 5

NA NA

Grandview Hazelmere

1,000,001 – 1,250,000 2 1,250,001 – 1,500,000 17 1,500,001 – 1,750,000 29 1,750,001 – 2,000,000 44 2,000,001 – 2,250,000 26 2,250,001 – 2,500,000 39 2,500,001 – 2,750,000 18 2,750,001 – 3,000,000 23 3,000,001 – 3,500,000 34 3,500,001 – 4,000,000 24 4,000,001 – 4,500,000 9 4,500,001 – 5,000,000 8 5,000,001 – 5,500,000 4 5,500,001 -6,000,000 3 6,000,001 -6,500,000 4 6,500,001 -7,000,000 3

200%*

King George Corridor

11

15 19 12 11

88% 66% 27% 42% 21% 17%

M organ Creek Pacific Douglas Sunnyside Park

13 18 80

W hite Rock

8 3 2 2 2 0 0 0 0 0 0 0

TOTAL*

298

9% 6% 8%

NA NA NA NA NA NA NA

7,000,001 & Greater

9

TOTAL*

298

80

27%

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

22

11 41 21

50% 34% 16% 26% 27% -2% -2% 13% -2%

119 130

27

7

TOTAL*

298

80

SnapStats®

March

April

Variance

Inventory

305

298

Solds

82

80

Sale Price

$1,731,000 $1,748,452 1%

Sale Price SQFT

$599

$679

Sale to ListPrice Ratio 100%

98%

Days on M arket

13

13

0%

*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 S SURREY W HITE ROCK DETACHED :Selers M arketat27% Sales Ratio average (2.7 in 10 hom es seling rate) • Hom es are seling on average 2% below listprice • M ostActive Price Band** $1.25 m ilto $1.5 m ilw ith average 88% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $3 m ilto $3.5 m il,Elgin Chantrel,Grandview and 5 to 6 bedroom properties • Selers BestBet** Seling hom es in Sunnyside Park and up to 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$2,025,000

$1,939,000

13 Month M arket Trend

$1,880,000

$1,810,000

$1,763,750 $1,715,000 $1,757,000 $1,840,000

$1,708,000 $1,750,000 $1,731,000 $1,748,452

$1,550,000

432

419

388

374

347

344

344

342

305

298

294

269

266

91

82

80

63

62

53

49

41

40

36

31

31

31

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 .