{"id":1918,"date":"2017-02-04T05:25:20","date_gmt":"2017-02-04T05:25:20","guid":{"rendered":"https:\/\/schreders.ca\/?p=1918"},"modified":"2022-11-16T14:05:50","modified_gmt":"2022-11-16T19:05:50","slug":"fraser-valley-real-estate-new-year-strong","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-new-year-strong\/","title":{"rendered":"Fraser Valley Real Estate Kicked-off The New Year Strong"},"content":{"rendered":"

Activity in the Fraser Valley housing market began to pick up again in January, after a slow December<\/h1>\n

[alert type=”info” dismiss=”true”]This article is optimized for Accelerated Mobile Pages<\/a><\/span><\/span>\u00a0(AMP)[\/alert]<\/p>\n

Townhouse and condo sales remained very strong; accounting for half of the month\u2019s total sales volume.\u00a0 Inventory is still low, especially in single family homes, making it a great time to get off the fence and list your home.\u00a0 The outlook for the remainder of 2017 is excellent.<\/p>\n

Click These Buttons\u00a0To Jump To That Areas Summary<\/strong><\/span>
\n.<\/span>

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

All Fraser Valley Areas Combined<\/h2>\n

Abbotsford – Mission – White Rock – Langley – Delta\/North – Surrey Central – Cloverdale – Surrey\/North<\/p>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\n\u00a0Jan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n\u00a0Dec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n360<\/td>\n716<\/td>\n-49.7%<\/td>\n349<\/td>\n3.2%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n871<\/td>\n1,119<\/td>\n-22.2%<\/td>\n312<\/td>\n179.2%<\/td>\n<\/tr>\n
\u00a0Active Listings<\/strong><\/td>\n1,787<\/td>\n1,348<\/td>\n32.6%<\/td>\n1,628<\/td>\n9.8%<\/td>\n<\/tr>\n
\u00a0Benchmark Price<\/strong><\/td>\n$ 856,300<\/td>\n$ 689,300<\/td>\n24.2%<\/td>\n$ 856,700<\/td>\n0.0%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 790,000<\/td>\n$ 748,559<\/td>\n5.5%<\/td>\n$ 795,238<\/td>\n-0.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 890,117<\/td>\n$ 850,800<\/td>\n4.6%<\/td>\n$ 914,763<\/td>\n-2.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n212<\/td>\n275<\/td>\n-22.9%<\/td>\n226<\/td>\n-6.2%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n401<\/td>\n465<\/td>\n-13.8%<\/td>\n143<\/td>\n180.4%<\/td>\n<\/tr>\n
\u00a0Active Listings<\/strong><\/td>\n524<\/td>\n\u00a0687<\/td>\n-23.7%<\/td>\n408<\/td>\n28.4%<\/td>\n<\/tr>\n
\u00a0Benchmark Price<\/strong><\/td>\n\u00a0$ 420,400<\/td>\n\u00a0$ 326,500<\/td>\n28.8%<\/td>\n\u00a0$ 416,600<\/td>\n0.9%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 461,150<\/td>\n$ 365,000<\/td>\n26.3%<\/td>\n$ 461,750<\/td>\n-0.1%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 918,851<\/td>\n$ 384,224<\/td>\n24.4%<\/td>\n$ 471,086<\/td>\n1.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n276<\/td>\n194<\/td>\n42.3%<\/td>\n279<\/td>\n-1.1%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n518<\/td>\n474<\/td>\n9.3%<\/td>\n182<\/td>\n184.6%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n594<\/td>\n1,113<\/td>\n-46.6%<\/td>\n420<\/td>\n41.4%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 262,300<\/td>\n\u00a0$ 205,600<\/td>\n27.6%<\/td>\n$ 259,000<\/td>\n1.3%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 255,950<\/td>\n$ 211,750<\/td>\n20.9%<\/td>\n$ 240,800<\/td>\n6.3%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 295,865<\/td>\n$ 239,217<\/td>\n23.7%<\/td>\n$ 260,139<\/td>\n13.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Abbotsford<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n70<\/td>\n105<\/td>\n-33.3%<\/td>\n45<\/td>\n55.6%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n109<\/td>\n149<\/td>\n-26.8%<\/td>\n35<\/td>\n211.4%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n217<\/td>\n212<\/td>\n2.4%<\/td>\n223<\/td>\n-2.7%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 670,700<\/td>\n$ 509,100<\/td>\n31.7%<\/td>\n$ 666,500<\/td>\n0.6%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 619,250<\/td>\n$ 570,000<\/td>\n8.6%<\/td>\n$ 649,900<\/td>\n-4.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 644,067<\/td>\n$ 579,842<\/td>\n11.1%<\/td>\n$ 670,677<\/td>\n-4.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n24<\/td>\n33<\/td>\n-27.3%<\/td>\n27<\/td>\n-11.1%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n28<\/td>\n61<\/td>\n-54.1%<\/td>\n16<\/td>\n75.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n53<\/td>\n136<\/td>\n-61.0%<\/td>\n58<\/td>\n-8.6%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 298,200<\/td>\n$ 231,800<\/td>\n28.6%<\/td>\n$ 295,000<\/td>\n1.1%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 320,000<\/td>\n$ 342,500<\/td>\n-6.6%<\/td>\n$ 378,000<\/td>\n-15.3%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 340,710<\/td>\n$ 313,036<\/td>\n8.8%<\/td>\n$ 393,951<\/td>\n-13.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n42<\/td>\n34<\/td>\n23.5%<\/td>\n60<\/td>\n-30.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n74<\/td>\n69<\/td>\n7.2%<\/td>\n42<\/td>\n76.2%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n110<\/td>\n170<\/td>\n-35.3%<\/td>\n88<\/td>\n25.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 218,100<\/td>\n$ 155,900<\/td>\n39.9%<\/td>\n$ 213,700<\/td>\n2.1%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 191,000<\/td>\n$ 156,250<\/td>\n22.2%<\/td>\n$ 200,750<\/td>\n-4.9%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 197,144<\/td>\n$ 164,337<\/td>\n20.0%<\/td>\n$ 198,765<\/td>\n-0.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Mission<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n19<\/td>\n47<\/td>\n-59.6%<\/td>\n34<\/td>\n-44.1%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n38<\/td>\n76<\/td>\n-50.0%<\/td>\n20<\/td>\n90.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n113<\/td>\n126<\/td>\n-10.3%<\/td>\n113<\/td>\n0.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 546,200<\/td>\n$ 421,600<\/td>\n29.6%<\/td>\n$ 544,200<\/td>\n0.4%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 625,000<\/td>\n$ 448,500<\/td>\n39.4%<\/td>\n$ 550,250<\/td>\n13.6%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 619,669<\/td>\n$ 468,817<\/td>\n32.2%<\/td>\n$ 536,918<\/td>\n15.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n3<\/td>\n2<\/td>\n50.0%<\/td>\n4<\/td>\n-25.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n6<\/td>\n16<\/td>\n-62.5%<\/td>\n3<\/td>\n100.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n16<\/td>\n27<\/td>\n-40.7%<\/td>\n16<\/td>\n0.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 342,800<\/td>\n$ 241,200<\/td>\n42.1%<\/td>\n$ 336,500<\/td>\n1.9%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 200,000<\/td>\n$ 270,959<\/td>\n-26.2%<\/td>\n$ 383,925<\/td>\n-47.9%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 246,796<\/td>\n$ 270,959<\/td>\n-8.9%<\/td>\n$ 359,712<\/td>\n-31.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n5<\/td>\n4<\/td>\n25.0%<\/td>\n2<\/td>\n150.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n13<\/td>\n5<\/td>\n160.0%<\/td>\n2<\/td>\n550.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n13<\/td>\n19<\/td>\n-31.6%<\/td>\n6<\/td>\n116.7%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 224,000<\/td>\n$ 180,800<\/td>\n23.9%<\/td>\n$ 218,900<\/td>\n2.3%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 215,000<\/td>\n$ 138,250<\/td>\n55.5%<\/td>\n$ 148,500<\/td>\n44.8%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 198,580<\/td>\n$ 143,875<\/td>\n38.0%<\/td>\n$ 148,500<\/td>\n33.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

White Rock<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n44<\/td>\n140<\/td>\n-68.6%<\/td>\n47<\/td>\n-6.4%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n240<\/td>\n246<\/td>\n-2.4%<\/td>\n60<\/td>\n300.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n429<\/td>\n299<\/td>\n43.5%<\/td>\n324<\/td>\n32.4%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 1,422,700<\/td>\n$ 1,132,700<\/td>\n25.6%<\/td>\n$ 1,430,200<\/td>\n-0.5%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 1,409,500<\/td>\n$ 1,200,500<\/td>\n17.4%<\/td>\n$ 1,380,952<\/td>\n2.1%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 1,490,197<\/td>\n$ 1,361,208<\/td>\n9.5%<\/td>\n$ 1,563,707<\/td>\n-4.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n36<\/td>\n55<\/td>\n-34.5%<\/td>\n37<\/td>\n-2.7%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n79<\/td>\n107<\/td>\n-26.2%<\/td>\n25<\/td>\n216.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n97<\/td>\n131<\/td>\n-26.0%<\/td>\n71<\/td>\n36.6%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 572,200<\/td>\n$ 454,900<\/td>\n25.8%<\/td>\n$ 573,300<\/td>\n-0.2%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 615,100<\/td>\n$ 445,000<\/td>\n38.2%<\/td>\n$ 575,000<\/td>\n7.0%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 657,808<\/td>\n$ 500,193<\/td>\n31.5%<\/td>\n$ 623,378<\/td>\n5.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n56<\/td>\n39<\/td>\n43.6%<\/td>\n50<\/td>\n12.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n104<\/td>\n119<\/td>\n-12.6%<\/td>\n33<\/td>\n215.2%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n130<\/td>\n240<\/td>\n-45.8%<\/td>\n97<\/td>\n34.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 345,800<\/td>\n$ 269,300<\/td>\n28.4%<\/td>\n$ 343,400<\/td>\n0.7%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 377,888<\/td>\n$ 306,000<\/td>\n23.5%<\/td>\n$ 365,750<\/td>\n3.3%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 423,149<\/td>\n$ 347,479<\/td>\n21.8%<\/td>\n$ 369,250<\/td>\n14.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Langley<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n63<\/td>\n82<\/td>\n-23.2%<\/td>\n62<\/td>\n1.6%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n115<\/td>\n142<\/td>\n-19.0%<\/td>\n43<\/td>\n167.4%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n189<\/td>\n140<\/td>\n35.0%<\/td>\n175<\/td>\n8.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 866,500<\/td>\n$ 698,400<\/td>\n24.1%<\/td>\n$ 865,200<\/td>\n0.2%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 799,000<\/td>\n$ 736,250<\/td>\n8.5%<\/td>\n$ 812,450<\/td>\n-1.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 848,110<\/td>\n$ 816,665<\/td>\n3.9%<\/td>\n$ 873,024<\/td>\n-2.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n56<\/td>\n45<\/td>\n24.4%<\/td>\n49<\/td>\n14.3%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n102<\/td>\n70<\/td>\n45.7%<\/td>\n24<\/td>\n325.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n101<\/td>\n68<\/td>\n48.5%<\/td>\n71<\/td>\n42.3%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 429,900<\/td>\n$ 336,600<\/td>\n27.7%<\/td>\n$ 427,500<\/td>\n0.6%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 477,250<\/td>\n$ 370,000<\/td>\n29.0%<\/td>\n$ 489,900<\/td>\n-2.6%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 480,178<\/td>\n$ 375,817<\/td>\n27.8%<\/td>\n$ 477,420<\/td>\n0.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n56<\/td>\n34<\/td>\n64.7%<\/td>\n41<\/td>\n36.6%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n100<\/td>\n66<\/td>\n51.5%<\/td>\n24<\/td>\n316.7%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n79<\/td>\n123<\/td>\n-35.8%<\/td>\n48<\/td>\n64.6%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 279,300<\/td>\n$ 213,200<\/td>\n31.0%<\/td>\n$ 274,800<\/td>\n1.6%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 251,950<\/td>\n$ 213,830<\/td>\n17.8%<\/td>\n$ 270,000<\/td>\n-6.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 281,437<\/td>\n$ 240,384<\/td>\n17.1%<\/td>\n$ 267,593<\/td>\n5.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Delta – North<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n23<\/td>\n46<\/td>\n-50.0%<\/td>\n20<\/td>\n15.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n43<\/td>\n52<\/td>\n-17.3%<\/td>\n27<\/td>\n59.3%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n120<\/td>\n54<\/td>\n122.2%<\/td>\n125<\/td>\n-4.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 828,200<\/td>\n$ 721,600<\/td>\n14.8%<\/td>\n$ 833,300<\/td>\n-0.6%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 941,000<\/td>\n$ 755,000<\/td>\n24.6%<\/td>\n$ 813,000<\/td>\n15.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 1,006,971<\/td>\n$ 816,299<\/td>\n23.4%<\/td>\n$ 907,541<\/td>\n11.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n2<\/td>\n9<\/td>\n-77.8%<\/td>\n5<\/td>\n-60.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n10<\/td>\n2<\/td>\n400.0%<\/td>\n3<\/td>\n233%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n19<\/td>\n11<\/td>\n72.7%<\/td>\n12<\/td>\n58.3%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 474,500<\/td>\n$ 366,700<\/td>\n29.4%<\/td>\n$ 477,700<\/td>\n-0.7%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 655,500<\/td>\n$ 475,000<\/td>\n38.0%<\/td>\n$ 602,000<\/td>\n8.9%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 655,500<\/td>\n$ 488,200<\/td>\n34.3%<\/td>\n$ 596,660<\/td>\n9.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n4<\/td>\n3<\/td>\n33.3%<\/td>\n6<\/td>\n-33.3%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n9<\/td>\n5<\/td>\n80.0%<\/td>\n–<\/td>\n–<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n10<\/td>\n27<\/td>\n-63.0%<\/td>\n7<\/td>\n42.9%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 198,000<\/td>\n$ 165,600<\/td>\n19.6%<\/td>\n$ 196,700<\/td>\n0.7%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 324,900<\/td>\n$ 210,000<\/td>\n54.7%<\/td>\n$ 182,450<\/td>\n78.1%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 377,150<\/td>\n$ 235,633<\/td>\n60.1%<\/td>\n$ 247,733<\/td>\n52.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Surrey – Central<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n72<\/td>\n180<\/td>\n-60.0%<\/td>\n69<\/td>\n4.3%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n156<\/td>\n259<\/td>\n-39.8%<\/td>\n60<\/td>\n160.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n360<\/td>\n309<\/td>\n16.5%<\/td>\n347<\/td>\n3.7%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 862,000<\/td>\n$ 690,200<\/td>\n24.9%<\/td>\n$ 862,800<\/td>\n-0.1%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 825,000<\/td>\n$ 775,500<\/td>\n6.4%<\/td>\n$ 897,000<\/td>\n-8.0%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 894,463<\/td>\n$ 811,717<\/td>\n10.2%<\/td>\n$ 939,293<\/td>\n-4.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n61<\/td>\n90<\/td>\n-32.2%<\/td>\n70<\/td>\n-12.9%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n113<\/td>\n146<\/td>\n-22.6%<\/td>\n38<\/td>\n197.4%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n151<\/td>\n207<\/td>\n-27.1%<\/td>\n113<\/td>\n33.6%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 436,900<\/td>\n$ 331,900<\/td>\n31.6%<\/td>\n$ 432,100<\/td>\n1.1%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 451,000<\/td>\n$ 354,000<\/td>\n27.4%<\/td>\n$ 444,500<\/td>\n1.5%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 464,041<\/td>\n$ 357,731<\/td>\n29.7%<\/td>\n$ 439,493<\/td>\n5.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n20<\/td>\n16<\/td>\n25.0%<\/td>\n26<\/td>\n-23.1%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n39<\/td>\n71<\/td>\n-45.1%<\/td>\n12<\/td>\n225.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n43<\/td>\n160<\/td>\n-73.1%<\/td>\n30<\/td>\n43.3%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 238,100<\/td>\n$ 207,600<\/td>\n14.7%<\/td>\n$ 237,400<\/td>\n0.3%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 242,500<\/td>\n$ 198,750<\/td>\n22.0%<\/td>\n$ 221,150<\/td>\n9.7%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 253,830<\/td>\n$ 209,421<\/td>\n21.2%<\/td>\n$ 223,973<\/td>\n13.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Surrey – Cloverdale<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n23<\/td>\n37<\/td>\n-37.8%<\/td>\n31<\/td>\n-25.8%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n53<\/td>\n67<\/td>\n-20.9%<\/td>\n19<\/td>\n178.9%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n87<\/td>\n63<\/td>\n38.1%<\/td>\n76<\/td>\n14.5%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 863,200<\/td>\n$ 701,000<\/td>\n23.1%<\/td>\n$ 860,400<\/td>\n0.3%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 830,000<\/td>\n$ 747,619<\/td>\n11.0%<\/td>\n$ 815,000<\/td>\n1.8%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 849,099<\/td>\n$ 749,971<\/td>\n13.2%<\/td>\n$ 856,767<\/td>\n-0.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n18<\/td>\n22<\/td>\n-18.2%<\/td>\n23<\/td>\n-21.7%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n44<\/td>\n29<\/td>\n51.7%<\/td>\n23<\/td>\n91.3%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n50<\/td>\n44<\/td>\n13.6%<\/td>\n31<\/td>\n61.3%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 456,400<\/td>\n$ 361,800<\/td>\n26.1%<\/td>\n$ 451,100<\/td>\n1.2%<\/td>\n<\/tr>\n
Median Price<\/strong><\/td>\n$ 435,000<\/td>\n$ 356,500<\/td>\n22.0%<\/td>\n$ 456,800<\/td>\n-4.8%<\/td>\n<\/tr>\n
Average Price<\/strong><\/td>\n$ 438,538<\/td>\n$ 352,913<\/td>\n24.3%<\/td>\n$ 452,617<\/td>\n-3.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n21<\/td>\n19<\/td>\n10.5%<\/td>\n21<\/td>\n0.0%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n33<\/td>\n27<\/td>\n22.2%<\/td>\n17<\/td>\n94.1%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n35<\/td>\n56<\/td>\n-37.5%<\/td>\n25<\/td>\n40.0%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 311,500<\/td>\n$ 243,400<\/td>\n28.0%<\/td>\n$ 309,800<\/td>\n0.5%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 267,000<\/td>\n$ 250,000<\/td>\n6.8%<\/td>\n$ 294,000<\/td>\n-9.2%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 312,431<\/td>\n$ 281,579<\/td>\n11.0%<\/td>\n$ 289,580<\/td>\n7.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div> <\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a>
<\/a><\/div><\/a><\/p>\n

Surrey –\u00a0North<\/h2>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Detached<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n45<\/td>\n79<\/td>\n-43.0%<\/td>\n41<\/td>\n9.8%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n116<\/td>\n126<\/td>\n-7.9%<\/td>\n45<\/td>\n157.8%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n257<\/td>\n139<\/td>\n84.9%<\/td>\n230<\/td>\n11.7%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 821,900<\/td>\n$ 686,700<\/td>\n19.7%<\/td>\n$ 826,400<\/td>\n-0.5%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 725,000<\/td>\n$ 665,100<\/td>\n9.0%<\/td>\n$ 760,000<\/td>\n-4.6%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 825,293<\/td>\n$ 725,463<\/td>\n13.8%<\/td>\n$ 821,293<\/td>\n0.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Townhouse<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a0Jan-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n12<\/td>\n19<\/td>\n-36.8%<\/td>\n11<\/td>\n9.1%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n19<\/td>\n34<\/td>\n-44.1%<\/td>\n10<\/td>\n90.0%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n37<\/td>\n63<\/td>\n-41.3%<\/td>\n35<\/td>\n5.7%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 348,300<\/td>\n$ 266,300<\/td>\n30.8%<\/td>\n$ 342,500<\/td>\n1.7%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 357,000<\/td>\n$ 300,000<\/td>\n19.0%<\/td>\n$ 330,000<\/td>\n8.2%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 360,729<\/td>\n$ 316,490<\/td>\n14.0%<\/td>\n$ 343,027<\/td>\n5.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0Apartment – Condo<\/span><\/h3>\n<\/td>\n<\/tr>\n

<\/td>\nJan-17<\/strong><\/td>\n\u00a02015<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\nDec-16<\/strong><\/td>\n\u00a0% change<\/strong><\/td>\n<\/tr>\n
\u00a0Sales<\/strong><\/td>\n72<\/td>\n45<\/td>\n60.0%<\/td>\n73<\/td>\n-1.4%<\/td>\n<\/tr>\n
\u00a0New Listings<\/strong><\/td>\n146<\/td>\n112<\/td>\n30.4%<\/td>\n52<\/td>\n180.8%<\/td>\n<\/tr>\n
Active Listings<\/strong><\/td>\n174<\/td>\n318<\/td>\n-45.3%<\/td>\n119<\/td>\n46.2%<\/td>\n<\/tr>\n
Benchmark Price<\/strong><\/td>\n$ 239,900<\/td>\n$ 198,600<\/td>\n20.8%<\/td>\n$ 237,300<\/td>\n1.1%<\/td>\n<\/tr>\n
\u00a0Median Price<\/strong><\/td>\n$ 269,950<\/td>\n$ 195,000<\/td>\n38.4%<\/td>\n$ 231,500<\/td>\n16.6%<\/td>\n<\/tr>\n
\u00a0Average Price<\/strong><\/td>\n$ 274,760<\/td>\n$ 202,504<\/td>\n35.7%<\/td>\n$ 240,154<\/td>\n14.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

.<\/span><\/h2>\n

\"Schreder-Brothers-real-estate-group-Fraser<\/h2>\n

What does FVREB have to say?<\/h2>\n

Demand diversifies for Fraser Valley real estate in January<\/u><\/u><\/h3>\n

SURREY, BC \u2013 Fraser Valley real estate kicked-off the New Year strong with sales reaching above the ten-year average for January, and a healthy intake of new inventory.<\/u><\/u><\/p>\n

The Fraser Valley Real Estate Board processed 976 sales of all property types on its Multiple Listing Service\u00ae (MLS\u00ae) in January, a decrease of 27.1 per cent compared to the 1,338 sales in January of last year, and a 1 per cent increase compared to the 966 sales in December 2016.<\/u><\/u><\/p>\n

Of the 976 sales processed last month, 212 were townhouses and 276 were apartments, representing exactly half of the month\u2019s market activity.<\/u><\/u><\/p>\n

\"Schreder-Brothers-real-estate-group-Fraser<\/p>\n

\u201cThe impacts of 2016’s tremendous real estate surge continue to be felt as we enter the New Year, and a new market.<\/u><\/u><\/p>\n

Notably, the distribution of sales across our residential property types levelled-off even further in January. As well, prices continue to adjust to match more typical demand, albeit slowly,” said Charles Wiebe, Board President.<\/u><\/u><\/p>\n

The Board received 2,178 new listings in January, a significant 162.7 per cent increase from December 2016, and a 13.2 per cent decrease compared to January 2016\u2019s 2,510 new listings.<\/u><\/u><\/p>\n

[bctt tweet=”In January the total active inventory for the Fraser Valley was 4,401 listings #LangleyBC” via=”no”]<\/p>\n

In January the total active inventory for the Fraser Valley was 4,401 listings, a decrease of 8.1 per cent year-over-year and the lowest level seen for a January in ten years<\/span><\/span>. However, active inventory increased by 12 per cent month-over-month compared to December\u2019s 3,930 active listings.<\/u><\/u><\/p>\n

“This is a great time to list in the Fraser Valley; buyers are looking at a wider range of homes and the market is still lacking inventory needed to match demand. If you need help figuring out your next step, talk your local REALTOR\u00ae and they can help you get to market quickly and stress-free.\u201d<\/u><\/u><\/p><\/blockquote>\n

For the Fraser Valley region, the average number of days to sell a single family detached home in January 2017 was 49 days, compared to 33 days in January 2016.<\/u><\/u><\/p>\n

\"Schreder-Brothers-real-estate-group-Fraser<\/p>\n

HPI\u00ae Benchmark Price Activity<\/strong><\/u><\/u><\/p>\n

\u2022 Single Family Detached: At $856,300, the Benchmark price for a single family detached home in the Valley did not change compared to December 2016, and increased 24.3 per cent compared to January 2016.<\/u><\/u><\/p>\n

\u2022 Townhomes: At $420,400 the Benchmark price for a townhome in the Fraser Valley increased 0.9 per cent compared to December 2016, and increased 28.8 per cent compared to January 2016.<\/u><\/u><\/p>\n

\u2022 Apartments: At $262,300, the Benchmark price for apartments\/condos in the Fraser Valley increased 1.3 per cent compared to December 2016, and increased 27.6 per cent compared to January 2016.<\/u><\/u><\/p>\n

Full package:
\nhttps:\/\/www.fvreb.bc.ca\/statistics\/Package201701.pdf<\/a><\/strong>
\n.<\/span><\/p>\n

<\/i> Go To … <\/span><\/strong>Talk To Us On Facebook<\/span><\/a>
\n<\/i> Go To <\/strong> …<\/span> Ask Us a Question on Twitter #AskSchreders<\/span><\/a>
\n<\/i> Go To … <\/span><\/strong>Send Us An E-Mail<\/span><\/a>
\n<\/i> Go To … <\/span><\/strong>Give Us a Call 604-530-0231<\/span><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Activity in the Fraser Valley housing market began to pick up again in January, after a slow December [alert type=”info” dismiss=”true”]This article is optimized for Accelerated …<\/p>\n","protected":false},"author":2,"featured_media":1303,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,30,64],"tags":[136,166],"class_list":["post-1918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-fraser-valley","category-monthly-market-updates","tag-fvreb","tag-statistics-package"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1918","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=1918"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1918\/revisions"}],"predecessor-version":[{"id":70757,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1918\/revisions\/70757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/1303"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=1918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=1918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=1918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}