July 2017 STATISTICS REPORT<\/span><\/h2>\nSales in July remained strong with this past month being the sixth strongest July, historically, for the Fraser Valley Real Estate Board. Demand is still high for attached-style homes (condos and town homes) with July ringing in the 12th<\/sup> consecutive month that attached sales have outpaced detached sales in the region. For the buyers out there, overall inventory increased by 8.8% from June, meaning more options are now available.<\/p>\nIf you are considering selling or just have questions about the market<\/strong>, please give us a call today and let\u2019s chat<\/a>.<\/p>\nClick These Buttons To Jump To That Areas Summary<\/strong>
\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.<\/span><\/p>\n![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic---JULY-2017-new\"](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-JULY-2017-new.png\")
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All Fraser Valley Areas Combined<\/h2>\n
Abbotsford – Mission – White Rock – Langley – Delta\/North – Surrey Central – Cloverdale – Surrey\/North<\/p>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-all-stats.png\")
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<\/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>\nAbbotsford<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-abbotsford.png\")
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<\/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>\nMission<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-mission.png\")
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<\/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>\nWhite Rock<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-white-rock-south-surrey-1.png\")
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<\/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>\nLangley<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-langley.png\")
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<\/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>\nDelta – North<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-delta-north.png\")
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<\/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>\nSurrey – Central<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-surrey-central.png\")
<\/a><\/p>\n <\/p>\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>\nSurrey – Cloverdale<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-cloverdale.png\")
<\/a><\/p>\n <\/p>\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>\nSurrey – North<\/h2>\n
![\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july](\"https:\/\/schreders.ca\/wp-content\/uploads\/2017\/08\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-july-surrey-north.png\")
<\/a><\/p>\n[ngg_images source=”galleries” container_ids=”3″ display_type=”photocrati-nextgen_basic_thumbnails” override_thumbnail_settings=”0″ thumbnail_width=”240″ thumbnail_height=”160″ thumbnail_crop=”1″ images_per_page=”20″ number_of_columns=”0″ ajax_pagination=”0″ show_all_in_lightbox=”0″ use_imagebrowser_effect=”0″ show_slideshow_link=”1″ slideshow_link_text=”[Show slideshow]” slug=”Fraser-Valley-Real-Estate-Board-Monthly-Statistics-Package-July-2017″ order_by=”sortorder” order_direction=”ASC” returns=”included” maximum_entity_count=”500″]<\/p>\n
What Does FVREB Have To Say?<\/h2>\nFraser Valley home sales still strong despite summer slowdown<\/h3>\n
SURREY, BC \u2013 Sales activity remained strong in July, despite month-over-month decreases for each of the three major residential property types. This was the sixth strongest July historically for the Fraser Valley Real Estate Board.<\/p>\n
The Fraser Valley Real Estate Board processed 1,937 sales of all property types on its Multiple Listing Service\u00ae (MLS\u00ae) in July, a decrease of 1.3 per cent compared to the 1,962 sales in July of last year, and a 24.7 per cent decrease compared to the 2,571 sales in June 2017.<\/p>\n
Of the 1,937 sales processed last month, 447 were townhouses and 544 were apartments. This is the twelfth consecutive month attached sales have outpaced detached sales in the region.<\/p>\n
\u201cEven though activity has eased off for the summer we\u2019re continuing to see the same trends we\u2019ve seen all year. Namely, strong demand for attached-style homes and slight but steady increases in pricing,” said Gopal Sahota, Board President.<\/p><\/blockquote>\n
Last month the total active inventory for the Fraser Valley was 5,970 listings. Active inventory decreased by 0.7 per cent year-over-year, and increased 8.8 per cent when compared to June 2017. The Board received 3,301 new listings in July, a 2.3 per cent increase from July 2016, and a 11 per cent decrease compared to June 2017\u2019s 3,707 new listings.<\/p>\n
“Thankfully we\u2019re continuing to see greater amounts of inventory come on to the market, with homes that are priced effectively still selling fast and encountering multiple offer situations,\u201d continued Sahota.<\/p>\n
\u201cIf you\u2019re looking to buy, you\u2019ll be in the best position to do so if you know what you want and can make a decision quickly. Talk to a REALTOR\u00ae to help you get where you need to be.\u201d<\/p><\/blockquote>\n
For the Fraser Valley region, the average number of days to sell a single family detached home in July 2017 was 24 days, compared to 18 days in July 2016.<\/p>\n
HPI\u00ae Benchmark Price Activity<\/h3>\n\n- Single Family Detached:<\/strong> At $966,000, the Benchmark price for a single family detached home in the Valley increased 3.4 per cent compared to June 2017, and increased 10 per cent compared to July 2016.<\/li>\n
- Townhomes:<\/strong> At $485,900 the Benchmark price for a townhome in the Fraser Valley increased 4.0 per cent compared to June 2017, and increased 18.1 per cent compared to July 2016.<\/li>\n
- Apartments:<\/strong> At $341,100, the Benchmark price for apartments\/condos in the Fraser Valley increased 4.9 per cent compared to June 2017, and increased 33.3 per cent compared to July 2016.<\/li>\n<\/ul>\n
Full package:
\n<\/a>https:\/\/www.fvreb.bc.ca\/statistics\/Package201707.pdf<\/a><\/span><\/span>
\n<\/strong><\/p>\n.<\/p>\n
If you are considering selling or just have questions about the market<\/strong>, please give us a call today and let\u2019s chat<\/a>.<\/p>\n Click These Buttons To Jump To That Areas Summary<\/strong> .<\/span><\/p>\n Abbotsford – Mission – White Rock – Langley – Delta\/North – Surrey Central – Cloverdale – Surrey\/North<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n [ngg_images source=”galleries” container_ids=”3″ display_type=”photocrati-nextgen_basic_thumbnails” override_thumbnail_settings=”0″ thumbnail_width=”240″ thumbnail_height=”160″ thumbnail_crop=”1″ images_per_page=”20″ number_of_columns=”0″ ajax_pagination=”0″ show_all_in_lightbox=”0″ use_imagebrowser_effect=”0″ show_slideshow_link=”1″ slideshow_link_text=”[Show slideshow]” slug=”Fraser-Valley-Real-Estate-Board-Monthly-Statistics-Package-July-2017″ order_by=”sortorder” order_direction=”ASC” returns=”included” maximum_entity_count=”500″]<\/p>\n SURREY, BC \u2013 Sales activity remained strong in July, despite month-over-month decreases for each of the three major residential property types. This was the sixth strongest July historically for the Fraser Valley Real Estate Board.<\/p>\n The Fraser Valley Real Estate Board processed 1,937 sales of all property types on its Multiple Listing Service\u00ae (MLS\u00ae) in July, a decrease of 1.3 per cent compared to the 1,962 sales in July of last year, and a 24.7 per cent decrease compared to the 2,571 sales in June 2017.<\/p>\n Of the 1,937 sales processed last month, 447 were townhouses and 544 were apartments. This is the twelfth consecutive month attached sales have outpaced detached sales in the region.<\/p>\n \u201cEven though activity has eased off for the summer we\u2019re continuing to see the same trends we\u2019ve seen all year. Namely, strong demand for attached-style homes and slight but steady increases in pricing,” said Gopal Sahota, Board President.<\/p><\/blockquote>\n Last month the total active inventory for the Fraser Valley was 5,970 listings. Active inventory decreased by 0.7 per cent year-over-year, and increased 8.8 per cent when compared to June 2017. The Board received 3,301 new listings in July, a 2.3 per cent increase from July 2016, and a 11 per cent decrease compared to June 2017\u2019s 3,707 new listings.<\/p>\n “Thankfully we\u2019re continuing to see greater amounts of inventory come on to the market, with homes that are priced effectively still selling fast and encountering multiple offer situations,\u201d continued Sahota.<\/p>\n \u201cIf you\u2019re looking to buy, you\u2019ll be in the best position to do so if you know what you want and can make a decision quickly. Talk to a REALTOR\u00ae to help you get where you need to be.\u201d<\/p><\/blockquote>\n For the Fraser Valley region, the average number of days to sell a single family detached home in July 2017 was 24 days, compared to 18 days in July 2016.<\/p>\n Full package: .<\/p>\n
\n<\/p>\nAll Fraser Valley Areas Combined<\/h2>\n
<\/a><\/p>\nAbbotsford<\/h2>\n
<\/a><\/p>\nMission<\/h2>\n
<\/a><\/p>\nWhite Rock<\/h2>\n
<\/a><\/p>\nLangley<\/h2>\n
<\/a><\/p>\nDelta – North<\/h2>\n
<\/a><\/p>\nSurrey – Central<\/h2>\n
<\/a><\/p>\nSurrey – Cloverdale<\/h2>\n
<\/a><\/p>\nSurrey – North<\/h2>\n
<\/a><\/p>\nWhat Does FVREB Have To Say?<\/h2>\n
Fraser Valley home sales still strong despite summer slowdown<\/h3>\n
HPI\u00ae Benchmark Price Activity<\/h3>\n
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\n<\/a>https:\/\/www.fvreb.bc.ca\/statistics\/Package201707.pdf<\/a><\/span><\/span>
\n<\/strong><\/p>\n