{"id":10308,"date":"2020-10-08T12:15:09","date_gmt":"2020-10-08T12:15:09","guid":{"rendered":"http:\/\/schreders.ca\/?p=10308"},"modified":"2022-11-16T14:05:44","modified_gmt":"2022-11-16T19:05:44","slug":"fraser-valley-real-estate-market-september-2020","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-september-2020\/","title":{"rendered":"Fraser Valley Real Estate Market September 2020"},"content":{"rendered":"\n<h2 class=\"has-text-color wp-block-heading\" style=\"color:#8f060b\">Consumer demand for real estate in the Fraser Valley overall sales and new listings reaching record-breaking numbers in September.<\/h2>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">SEPTEMBER 2020 MARKET REPORT<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n<p>It was another record breaking month in the Fraser Valley, as more homes were sold than any previous September in history.&nbsp; <\/p>\n\n\n\n<p>It seems as though the pandemic has made people realize &#8220;there is no place like home&#8221; and more and more people are looking to upgrade theirs.&nbsp; Single family homes are selling the fastest, but condos and townhomes are moving too.&nbsp; <\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p>Please give us a call, shoot us a text, write us an email, or send a carrier pigeon to get the conversation started on what this means for you.&nbsp;<\/p>\n\n\n\n<p><strong>If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and <a href=\"https:\/\/schreders.ca\/contact\/\">let\u2019s chat<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background has-medium-font-size\"><strong><a href=\"https:\/\/schreders.ca\/blog\/fraser-valley-real-estate-market-august-2020\">GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1035\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/Fraser-Valley-Market-2020-September-PRINT.png\" alt=\"\" class=\"wp-image-10320\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/Fraser-Valley-Market-2020-September-PRINT.png 800w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/Fraser-Valley-Market-2020-September-PRINT-232x300.png 232w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/Fraser-Valley-Market-2020-September-PRINT-791x1024.png 791w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/Fraser-Valley-Market-2020-September-PRINT-768x994.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH: 5.9%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH: 7.6% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 14.2% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1228\" height=\"189\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\" alt=\"\" class=\"wp-image-10309\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png 1228w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-1024x158.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-768x118.png 768w\" sizes=\"auto, (max-width: 1228px) 100vw, 1228px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  DOWN FROM LAST MONTH: -4.8%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH: 9.2% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 23.5%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1228\" height=\"191\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\" alt=\"\" class=\"wp-image-10310\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png 1228w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-300x47.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-1024x159.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-768x119.png 768w\" sizes=\"auto, (max-width: 1228px) 100vw, 1228px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH:  11.8%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -25.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:   233.3% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1223\" height=\"183\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\" alt=\"\" class=\"wp-image-10311\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png 1223w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-1024x153.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-768x115.png 768w\" sizes=\"auto, (max-width: 1223px) 100vw, 1223px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH:  12.7% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -14.3%  <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  29.5%   <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1219\" height=\"176\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\" alt=\"\" class=\"wp-image-10313\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png 1219w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-300x43.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-1024x148.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-768x111.png 768w\" sizes=\"auto, (max-width: 1219px) 100vw, 1219px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  9.0% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP  FROM LAST MONTH:  33.3% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH:  3.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1216\" height=\"186\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\" alt=\"\" class=\"wp-image-10312\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png 1216w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-1024x157.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-768x117.png 768w\" sizes=\"auto, (max-width: 1216px) 100vw, 1216px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -7.9% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -18.2% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP  FROM LAST MONTH: 42.9% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1225\" height=\"196\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\" alt=\"\" class=\"wp-image-10314\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png 1225w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-300x48.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-1024x164.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-768x123.png 768w\" sizes=\"auto, (max-width: 1225px) 100vw, 1225px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  16.0% <\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH: 15.3% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 39.1% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1224\" height=\"186\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\" alt=\"\" class=\"wp-image-10315\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png 1224w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-1024x156.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-768x117.png 768w\" sizes=\"auto, (max-width: 1224px) 100vw, 1224px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  DOWN  FROM LAST MONTH:  -23.9% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  DOWN FROM LAST MONTH: -13.7% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -6.7% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1219\" height=\"178\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\" alt=\"\" class=\"wp-image-10316\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png 1219w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-1024x150.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-768x112.png 768w\" sizes=\"auto, (max-width: 1219px) 100vw, 1219px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  17.8% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP FROM LAST MONTH:  30.8% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH:  0.9% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1222\" height=\"185\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\" alt=\"\" class=\"wp-image-10317\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png 1222w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-1024x155.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/10\/SEPTEMBER-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-768x116.png 768w\" sizes=\"auto, (max-width: 1222px) 100vw, 1222px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Housing market activity reaches historic levels in September<\/h1>\n\n\n\n<p><strong>SURREY, BC \u2013<\/strong>&nbsp;Consumer demand for real estate in the Fraser Valley remained robust for the fourth consecutive month, with overall sales and new listings reaching record-breaking numbers in September.<\/p>\n\n\n\n<p>The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service\u00ae (MLS\u00ae) in September, an increase of 66.1 per cent compared to the same month last year and an increase of 9.4 per cent compared to August 2020. This is the highest recorded sales for September in the history of FVREB.<\/p>\n\n\n\n<p>In the last three months, Fraser Valley has seen a defined shift in demand towards single family detached homes with sales in July through to September garnering 47 per cent of the three main residential types, compared to 43 per cent during the same period last year.<\/p>\n\n\n\n<p>Chris Shields, President of the Board, observes, \u201cOur homes have never been more important. Across the Fraser Valley, we\u2019re seeing a trend towards buyers looking for more space and livability in both single-family homes and townhomes.<\/p>\n\n\n\n<p>\u201cFor many existing homeowners and first-time buyers, their buying power is greater than it\u2019s been in a long time. Interest rates are very low, people have saved money over the last few months, and they\u2019re choosing to invest it in their most important asset. Sellers are also recognizing that with lower than normal inventory, this is a smart time to list.\u201d<\/p>\n\n\n\n<p>The Fraser Valley Board also received a record number of new listings for September: 3,515, a 6.2 per cent increase compared to August\u2019s intake and a 26.9 per cent increase compared to September of last year. September finished with 7,377 active listings, a decrease of 0.4 per cent compared to August and a decrease of 7.2 per cent year-over-year.<\/p>\n\n\n\n<p>Baldev Gill, Chief Executive Officer of the Board, adds, \u201cOur industry is a leading example of how business transactions can be conducted efficiently and effectively while following stringent safety requirements as laid out by our province and provincial health officer.<\/p>\n\n\n\n<p>\u201cThis is particularly important given the uncertainty ahead for us and the need for everyone to remain vigilant.\u201d<\/p>\n\n\n\n<p>In September, the average number of days to sell an apartment was 35; 25 for townhomes, and 28 for single family detached.<\/p>\n\n\n\n<p><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Single Family Detached:<\/strong>&nbsp;At $1,032,700 the Benchmark price for a&nbsp;<em>single-family detached<\/em>&nbsp;home in the Fraser Valley increased 1.3 per cent compared to August and, increased 8.7 per cent compared to September 2019.<\/li><li><strong>Townhomes:<\/strong>&nbsp;At $567,300, the Benchmark price for a&nbsp;<em>townhome<\/em>&nbsp;in the Fraser Valley increased 0.6 per cent compared to August and increased 4.0 per cent compared to September 2019.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $436,900, the Benchmark price for&nbsp;<em>apartments\/condos<\/em>&nbsp;in the Fraser Valley decreased by 0.1 per cent compared to August and increased 4.7 per cent compared to September 2019.<\/li><\/ul>\n\n\n\n<p>Find the September Statistics Package&nbsp;<a href=\"http:\/\/fvreb.bc.ca\/statistics\/Package202009.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n<hr>\n<h3 style=\"text-align: center;\">Are you a stats geek?<\/h3>\n<h4 style=\"text-align: center;\">Want to see a breakdown of all the numbers yourself? Sign up for a&nbsp;<strong>Full Monthly Statistics Package<\/strong> every month.<\/h4>\n<table style=\"background-color: #8f0509;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"width: 100%; text-align: center;\">\n<h2><span style=\"color: #ffffff;\">Get The Full Monthly Statistics Package<\/span><\/h2>\n<p><span style=\"color: #ffffff;\">[contact-form-7 id=&#8221;825&#8243; title=&#8221;Email Form&#8221;]<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Consumer demand for real estate in the Fraser Valley overall sales and new listings reaching record-breaking numbers in September. SEPTEMBER 2020 MARKET REPORT Fraser Valley Real &hellip;<\/p>\n","protected":false},"author":2,"featured_media":8161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,64],"tags":[],"class_list":["post-10308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-monthly-market-updates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/10308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/comments?post=10308"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/10308\/revisions"}],"predecessor-version":[{"id":70557,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/10308\/revisions\/70557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/8161"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=10308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=10308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=10308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}