{"id":5742,"date":"2019-04-04T19:40:29","date_gmt":"2019-04-04T19:40:29","guid":{"rendered":"https:\/\/schreders.ca\/?p=5742"},"modified":"2022-11-16T14:05:47","modified_gmt":"2022-11-16T19:05:47","slug":"fraser-valley-real-estate-market-march-2019","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-march-2019\/","title":{"rendered":"Fraser Valley Real Estate Market March 2019"},"content":{"rendered":"\n

Buyers in the Fraser Valley took advantage of the continued stability in home prices and inventory in March.<\/h2>\n\n\n\n

MARCH 2019 STATISTICS REPORT<\/h3>\n\n\n\n

Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n

With continued stability in homes prices, and the highest inventory levels for March since 2015, buyers in the Fraser Valley<\/strong> realized the benefits and took advantage. <\/p>\n\n\n\n

Sales in the Fraser Valley increased 24.3%<\/strong> compared to sales numbers from February 2019. Of the 1,221 total sales, 462 were residential detached homes, 300 were townhouses, and 346 were apartments. <\/p>\n\n\n\n

Although this March was the lowest sales total for the Board during the month of March since 2013, the increased sales from February to March shows a promising Spring market.<\/p>\n\n\n\n


There were 7,011 active listings available in the Fraser Valley at the end of March, an increase of 9.4 per cent<\/strong> compared to February 2019\u2019s inventory and an increase of 46.2 per cent year-over-year. <\/p>\n\n\n\n

Once again this means that it is a great time to be a buyer with numerous options available to choose from. High inventory also means that you may be less likely to be in a multiple offer situation. <\/p>\n\n\n\n

Don’t assume you won’t ever be in a multiple offer situation however, as smartly priced listings that show well will still draw the attention of multiple savvy buyers. Sellers this means that you need to have an effective pricing strategy and ensure that your home is the best of the bunch.  <\/p>\n\n\n\n

See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n

Sellers Best Bets: <\/h3>\n\n\n\n

Sellers in Cloverdale<\/strong> both of detached and attached homes are still in the drivers seat as all product remains in a sellers market. <\/p>\n\n\n\n

The detached home market in Aldergrove, Brookswood, Murrayville and Willoughby Heights,<\/strong> especially homes with 5 to 6 properties are still seeing a sellers market. <\/p>\n\n\n\n

The attached market in Langley is strong with Aldergrove, Fort Langley, Langley City, Murrayville, Salmon River, Walnut Grove, and<\/strong> Willoughby Heights<\/strong> remaining in a sellers market.  <\/p>\n\n\n\n

Buyers Best Bets: <\/h3>\n\n\n\n

When it comes to the detached market, buyers will find the best options on the higher end homes between 1.75-2 Million with a minimum of 7 bedrooms and homes in Fort Langley. <\/p>\n\n\n\n

For the attached market, buyers will find homes between $800,000-900,000, homes and homes in Walnut Grove with a minimum of 4 bedrooms. <\/p>\n\n\n\n

There is something for everyone so give us a call and let us help you with your real estate goals. 
<\/p>\n\n\n\n

If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and let\u2019s chat<\/a>.<\/p>\n\n\n\n

GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n

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