Fraser Valley
SURREY
FEBRUARY 2024
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 2 8
0 0 0 1
NA NA NA
BearCreek Green Tim bers
49 60 17 40 62 72 50 32 63 37 17 48 80 40 3
9
18% 17% 18% 23% 23% 19% 12% 14% 33% 19% 6%
700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000
BolivarHeights Bridgeview CedarHils EastNew ton
10
3 9
13% 65% 29% 17%
1,000,001 – 1,250,000 20 1,250,001 – 1,500,000 134 1,500,001 – 1,750,000 144 1,750,001 – 2,000,000 125 2,000,001 – 2,250,000 57 2,250,001 – 2,500,000 76 2,500,001 – 2,750,000 27 2,750,001 – 3,000,000 28 3,000,001 – 3,500,000 16 3,500,001 – 4,000,000 10 4,000,001 – 4,500,000 3 4,500,001 – 5,000,000 5 5,000,001 – 5,500,000 1 5,500,001 -6,000,000 9 6,000,001 -6,500,000 3 6,500,001 -7,000,000 1
13 39 25
14 14
Fleetwood Tynehead
FraserHeights
6 2 9 1 7 1 4 4 3
9 5 3 0 0 1 0 0 0 0 0 0 0 0
7% 9% 4%
Guildford
Panoram a Ridge
Port Kels
NA NA NA NA NA NA NA NA NA NA
Queen M ary Park RoyalHeights Sulivan Station
6% 8% 5% 8%
6%
W estNew ton
Whaley TOTAL*
670
96
14%
7,000,001 & Greater
1
TOTAL*
670
96
14%
2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore
16
3
19% 16% 15% 13% 14%
191 232 231 670
30 34 29 96
TOTAL*
SnapStats®
January February Variance
Inventory
587
670
14% 20%
Solds
80
96
Sale Price
$1,488,500 $1,475,000 -1%
Sale Price SQFT
$569
$572
1%
Sale to ListPrice Ratio 99%
98%
-1%
Days on M arket
36
13
-64%
*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 :Balanced M arketat14% Sales Ratio average (1.4 in 10 hom es seling rate) • Hom es are seling on average 2% below listprice • M ostActive Price Band** $1 m ilto $1.25 m ilw ith average 65% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $2.25 m ilto $2.5 m il,W estNew ton and m inim um 7 bedroom properties • Selers BestBet** Seling hom es in CedarHils,EastNew ton and up to 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$1,580,000 $1,600,000 $1,555,000 $1,540,000
13 Month M arket Trend
$1,520,000
$1,490,000
$1,488,500 $1,475,000
$1,428,000 $1,430,000
$1,417,500 $1,455,000
$1,355,000
904
883
868
836
814
789
680
670
587
584
537
490
444
173
163
157
137
115
101
99
96
82
80
77
71
61
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
Com plim ents of...
Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services
VancouverUrbanHom es.com
604.657.1110
m aria@ vancouverurbanhom es.com
© 2010-2024 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 arch 1,2024 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 .
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