Market SnapStats - Fraser Valley Edition (December 2016)
Everything you need to know about your Real Estate Market Today!
Compliments of: Royal LePage West Real Estate Services 604.581.3838 [email protected] www.royallepage.ca Royal LePage West Real Estate Services 6 - 9965 152 Street Surrey, BC V3R 4G5
December 2016 Produced and Published by SnapStats® Publishing Co. [email protected] | www.snap-stats.com
SURREY
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 1 3 17 55 112 94 47 114 68 21 16 3 9 1 2 4 3 3 573
Sales 0 0 0 0 1 6 15 32 12 11 24 8 0 1 0 0 0 0 0 0 0 110
Sales Ratio* NA NA NA NA 33% 35% 27% 29% 13% 23% 21% 12% NA 6% NA NA NA NA NA NA NA 19%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
35 222 202 114 573
6 52 34 18 110
17% 23% 17% 16% 19%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 893 137 $790,000 $322 99% 33
December 573 110 $845,450 $343 99% 35
Variance -36% -20% 7% 7% NA 6%
SnapStats® Bear Creek Green Timbers Bolivar Heights Bridgeview Cedar Hills East Newton Fleetwood Tynehead Fraser Heights Guildford Panorama Ridge Port Kells Queen Mary Park Royal Heights Sullivan Station West Newton Whalley TOTAL
Inventory 39 54 22 36 61 57 29 25 55 3 47 13 37 49 46 573
Sales 8 7 3 7 10 13 8 6 12 0 4 3 12 10 7 110
Sales Ratio* 21% 13% 14% 19% 16% 23% 28% 24% 22% NA 9% 23% 32% 20% 15% 19%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Official Market Type SURREY DETACHED: Balanced market at 19% Sales Ratio average (1.9 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $500,000 to $600,000 with average 35% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1.75 mil to $2 mil, Queen Mary Park and all but 3 to 4 bedroom properties Sellers Best Bet** Selling homes in Fraser Heights, Sullivan Station and 3 to 4 bedroom properties
Market Summary
** With a minimum inventory of 10 in most instances SALE PRICE
INVENTORY $825,000 $800,000
$835,000
13 Month Market Trend
$800,000
$714,000
$700,000 $600,000
378
$300,000 $200,000 $100,000
Compliments of...
$758,000 $860,000
281 DEC
$889,950
$861,000
$850,800
$843,000
1040
1065
SNAP-STATS.COM 650
$500,000 $400,000
$746,000
SOLDS $845,450
$790,000
449
259 JAN
713
835
490
360 FEB
449
437
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
1064
900
380
365
MAY
JUN
991
893
573
201
150
129
126
137
110
JUL
AUG
SEP
OCT
NOV
DEC
1350 1250 1150 1050 950 850 750 650 550 450 350 250 150 50
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SURREY
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 29 70 59 69 48 9 2 0 1 0 0 0 0 0 0 0 0 0 0 0 287
Sales 0 39 55 31 39 13 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 180
Sales Ratio* NA 134%* 79% 53% 57% 27% 22% 50% NA NA NA NA NA NA NA NA NA NA NA NA NA 63%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
75 78 108 26 287
50 69 46 15 180
67% 88% 43% 58% 63%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 456 198 $301,000 $275 97% 24
December 287 180 $297,000 $277 98% 24
Variance -37% -9% -1% 1% 1% NA
SnapStats® Bear Creek Green Timbers Bolivar Heights Bridgeview Cedar Hills East Newton Fleetwood Tynehead Fraser Heights Guildford Panorama Ridge Port Kells Queen Mary Park Royal Heights Sullivan Station West Newton Whalley TOTAL
Inventory 1 0 2 0 30 17 0 38 5 0 22 0 30 35 107 287
Sales 1 5 0 0 26 23 0 31 0 0 9 0 12 25 48 180
Sales Ratio* 100% NA* NA NA 87% 135%* NA 82% NA NA 41% NA 40% 71% 45% 63%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SURREY ATTACHED: Sellers market at 63% Sales Ratio average (6.3 in 10 homes selling rate) Homes are selling on average 2% below list price Most Active Price Band** $100,000 to $200,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $600,000 to $700,000, Queen Mary Park, Whalley and 3 bedroom properties Sellers Best Bet** Selling homes in East Newton, Fleetwood Tynehead, Guildford and 2 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$300,000 $300,000
$271,250
628 200
Compliments of...
DEC
$313,000
$304,450
$300,000
$314,500
$316,800
$315,000
SOLDS $320,000
$301,000
SNAP-STATS.COM 748
170
278 $100,000
$292,500
703
749
$200,000
$304,500
INVENTORY
JAN
FEB
678
752
355 MAR
357 APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
366
MAY
582
383
JUN
620
584
306
313
JUL
AUG
577
488
238
279
SEP
OCT
$297,000
456
198 NOV
287
180 DEC
1100 1000 900 800 700 600 500 400 300 200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SOUTH SURREY/WHITE ROCK iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 0 0 2 8 16 45 63 45 31 8 24 16 25 16 12 12 323
Sales 0 0 0 0 0 0 0 0 0 6 13 10 5 5 3 2 1 0 1 1 0 47
Sales Ratio* NA NA NA NA NA NA NA NA NA 38% 29% 16% 11% 16% 38% 8% 6% NA 6% 8% NA 15%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
30 181 89 23 323
1 34 11 1 47
3% 19% 12% 4% 15%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 466 62 $1,390,000 $474 93% 43
December 323 47 $1,380,952 $462 95% 46
Variance -31% -24% -1% -3% 2% 7%
SnapStats® Crescent Beach Ocean Park Elgin Chantrell Grandview Hazelmere King George Corridor Morgan Creek Pacific Douglas Sunnyside Park White Rock TOTAL
Inventory 55 38 26 3 34 24 22 20 101 323
Sales 14 2 6 0 4 2 1 10 8 47
Sales Ratio* 25% 5% 23% NA 12% 8% 5% 50% 8% 15%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SOUTH SURREY DETACHED: Balanced market at 15% Sales Ratio average (1.5 in 10 homes selling rate) Homes are selling on average 5% below price Most Active Price Band** (+/- $1.5 mil): $900,000 to $1 mil (38% Sales Ratio) / $2 to $2.25 mil (38% Sales Ratio) Buyers Best Bet** (+/- $1.5 mil): Homes between $1.25 to $1.5 mil / $2.5 to $2.75 mil, Elgin Chantrell and Pacific Douglas Sellers Best Bet** Selling homes in Sunnyside Park and 3 to 4 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
Compliments of...
$1,500,000 $1,400,000 $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0
$1,235,000 $1,200,500
131 DEC
SOLDS 800
$1,495,000 $1,454,400 $1,498,000 $1,425,000 $1,393,750 $1,358,400 $1,379,250 $1,390,000 $1,380,952
SNAP-STATS.COM 305
230
INVENTORY
$1,340,000 $1,390,000
346
376
390
455
223
249
FEB
MAR
506
534
118
224
205
APR
MAY
140 JAN
424
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
JUL
527
600 500 400
466
300
323
66
42
64
62
47
AUG
SEP
OCT
NOV
DEC
161 JUN
551
700
200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SOUTH SURREY/WHITE ROCK iiPrice Band & Bedroom CONDOS & TOWNHOMES
DECEMBER 2016
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 2 19 25 25 27 29 20 7 3 4 0 1 2 1 1 0 0 0 0 0 166
Sales 0 6 7 22 20 13 10 5 0 2 1 1 0 0 0 0 0 0 0 0 0 87
Sales Ratio* NA 300%* 37% 88% 80% 48% 34% 25% NA 67% 25% NA* NA NA NA NA NA NA NA NA NA 52%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
26 82 41 17 166
8 44 26 9 87
31% 54% 63% 53% 52%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 269 118 $452,750 $376 99% 19
December 166 87 $469,000 $364 98% 22
Variance -38% -26% 4% -3% -1% 16%
SnapStats® Crescent Beach Ocean Park Elgin Chantrell Grandview Hazelmere King George Corridor Morgan Creek Pacific Douglas Sunnyside Park White Rock TOTAL
Inventory 1 3 50 0 17 12 5 17 61 166
Sales 1 3 26 0 14 12 0 10 21 87
Sales Ratio* 100% 100% 52% NA 82% 100% NA 59% 34% 52%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SOUTH SURREY ATTACHED: Sellers market at 52% Sales Ratio average (5.2 in 10 homes selling rate) Homes are selling on average 2% below list price Most Active Price Band** $300,000 to $500,000 with average 84% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $700,000 to $800,000, White Rock and up to 1 bedroom properties Sellers Best Bet** Selling homes in King George Corridor, Morgan Creek and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$400,000 $300,000
$380,000
273
$0
Compliments of...
89
DEC
$404,000
SOLDS
$420,000
600
$433,500
$456,950
$449,500
$440,000
$435,000
291
305
$452,750
SNAP-STATS.COM 367
$200,000 $100,000
$377,750
INVENTORY
94
JAN
$408,500
327
218
FEB
301
226
MAR
258 249
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
230 214
MAY
$394,950
194 190
JUN
232
140 JUL
233
$469,000
500 400
269
300
166
200 100
112 AUG
103 SEP
107
118
OCT
NOV
87 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
NORTH DELTA iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016 Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 0 5 25 33 18 20 13 7 1 0 0 0 0 0 1 0 123
Sales 0 0 0 0 0 0 1 8 4 2 2 3 0 0 0 0 0 0 0 0 0 20
Sales Ratio* NA NA NA NA NA NA 20% 32% 12% 11% 10% 23% NA NA NA NA NA NA NA NA NA 16%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
2 65 43 13 123
0 11 8 1 20
NA 17% 19% 8% 16%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 184 29 $822,000 $382 97% 21
December 123 20 $813,000 $340 95% 34
Variance -33% -31% -1% -11% -2% 62%
SnapStats® Annieville Nordel Scottsdale Sunshine Hills Woods TOTAL
Inventory 30 44 29 20 123
Sales 7 5 3 5 20
Sales Ratio* 23% 11% 10% 25% 16%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type NORTH DELTA DETACHED: Balanced market at 16% Sales Ratio average (1.6 in 10 homes selling rate) Homes are selling on average 5% below list price Most Active Price Band** $700,000 to $800,000 with average 32% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $800,000 to $1.25 mil, Nordel, Scottsdale and minimum 7 bedroom properties Sellers Best Bet** Selling homes in Annieville, Sunshine Hills Woods and 3 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
$893,050 $900,000
13 Month Market Trend
$800,000
$808,250 $725,000
$600,000
51
Compliments of...
56
46
41 DEC
INVENTORY $849,450
SOLDS
$853,000 $791,500
$900,000
$822,000
SNAP-STATS.COM 82
$500,000 $400,000
$900,000
$755,000
160
$700,000
$850,000
$837,500
98 FEB
158
195
203
214
108
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
93 MAY
105
47
JUN
JUL
220
208
184
104
74 JAN
171
$813,000
120
123
30
28
30
29
20
AUG
SEP
OCT
NOV
DEC
20
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
NORTH DELTA
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 1 2 3 1 2 3 6 0 0 1 0 0 0 0 0 0 0 0 0 0 19
Sales 1 2 1 0 2 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11
Sales Ratio* NA* 200%* 50% NA 200%* 100% 100% NA NA NA NA NA NA NA NA NA NA NA NA NA NA 58%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
4 3 8 4 19
3 3 5 0 11
75% 100% 63% NA 58%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 36 8 $414,950 $466 98% 30
December 19 11 $490,000 $471 108% 48
Variance -47% 38% 18% 1% 10% 60%
SnapStats® Annieville Nordel Scottsdale Sunshine Hills Woods TOTAL
Inventory 1 11 7 0 19
Sales 3 5 3 0 11
Sales Ratio* 300%* 45% 43% NA 58%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type NORTH DELTA ATTACHED: Sellers market at 58% Sales Ratio average (5.8 in 10 homes selling rate) Homes are selling on average 8% above list price Most Active Price Band** Insufficient data Buyers Best Bet** Insufficient data Sellers Best Bet** Selling homes in Nordel and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$451,500
$500,000 $400,000 $300,000
$316,000 49
$200,000 $100,000 $0
Compliments of...
6 DEC
$349,150
$361,400
$361,900
48
51
$388,400
$390,900
INVENTORY $434,900
$425,000
SOLDS $490,000 $414,950
SNAP-STATS.COM $219,500
38 12
JAN
35
13
FEB
34 MAR
55
54
47
36
59
43
25
36
51
21
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
JUL
36
19
8
31 APR
100
$350,000
23 AUG
SEP
OCT
NOV
19 11 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
CLOVERDALE
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 1 6 13 19 8 11 7 2 3 1 1 1 0 1 0 0 74
Sales 0 0 0 0 0 1 1 12 8 4 4 1 0 0 0 0 0 0 0 0 0 31
Sales Ratio* NA NA NA NA NA 100% 17% 92% 42% 50% 36% 14% NA NA NA NA NA NA NA NA NA 42%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
4 29 28 13 74
0 16 14 1 31
NA 55% 50% 8% 42%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 129 47 $826,000 $293 97% 26
December 74 31 $815,000 $293 96% 36
Variance -43% -34% -1% NA -1% 38%
SnapStats® Clayton Cloverdale Serpentine TOTAL
Inventory 15 59 0 74
Sales 8 23 0 31
Sales Ratio* 53% 39% NA 42%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type CLOVERDALE DETACHED: Sellers market at 42% Sales Ratio average (4.2 in 10 homes selling rate) Homes are selling on average 4% below list price Most Active Price Band** $700,000 to $800,000 with average 92% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1 mil to $1.25 mil, Cloverdale and minimum 7 bedroom properties Sellers Best Bet** Selling homes in Clayton and 3 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$747,619
$800,000 $700,000
$662,000
$770,000
$500,000 $400,000
Compliments of...
49 45 DEC
$825,000 $861,000
$875,250
$855,000
SOLDS 300
$788,000
$855,000
$826,000
SNAP-STATS.COM 127
$600,000
$800,000
INVENTORY
62
138
141
131
140
MAR
APR
153
123
128
88
37 JAN
FEB
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
147
$820,000
170
175
110
JUN
60
65
JUL
AUG
$815,000 200
129
162
43
46
47
SEP
OCT
NOV
74
100
31 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
CLOVERDALE
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 2 2 11 15 6 12 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 54
Sales 0 0 13 13 12 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44
Sales Ratio* NA NA 118%* 87% 200%* 50% NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 81%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
11 23 12 8 54
9 18 13 4 44
82% 78% 108%* 50% 81%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 76 57 $386,000 $331 97% 13
December 54 44 $372,600 $338 101% 12
Variance -29% -23% -3% 2% 4% -8%
SnapStats® Clayton Cloverdale Serpentine TOTAL
Inventory 32 22 0 54
Sales 24 20 0 44
Sales Ratio* 75% 91% NA 81%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type CLOVERDALE ATTACHED: Sellers market at 81% Sales Ratio average (8.1 in 10 homes selling rate) Homes are selling on average 1% above list price Most Active Price Band** $400,000 to $500,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $500,000 to $600,000, Clayton and minimum 4 bedroom properties Sellers Best Bet** Selling homes in Cloverdale and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$400,000
$332,450
$300,000 $200,000
94
58
Compliments of...
$350,500
DEC
INVENTORY
SOLDS
$390,000 $401,000
$410,000
$401,000
$415,000
91
86
$400,750
$403,000
$386,000
SNAP-STATS.COM 93
114
96
$100,000 $0
$338,000
$382,000
41 JAN
FEB
115 109
MAR
124 123
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
129
140
104
MAY
76
83
87
JUN
JUL
AUG
$372,600
200
102
77
66 SEP
79 OCT
76
57 NOV
54 44 DEC
100
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
LANGLEY
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 1 6 27 29 26 18 25 15 8 8 5 0 0 1 2 0 0 171
Sales 0 0 0 0 0 5 12 14 9 9 10 1 1 0 1 0 0 0 0 0 0 62
Sales Ratio* NA NA NA NA NA 83% 44% 48% 35% 50% 40% 7% 13% NA 20% NA NA NA NA NA NA 36%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
6 107 51 7 171
1 34 26 1 62
17% 32% 51% 14% 36%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 260 82 $785,000 $364 98% 24
December 171 62 $812,450 $303 99% 28
Variance -34% -24% 3% -17% 1% 17%
SnapStats® Aldergrove Brookswood Campbell Valley County Line Glen Valley Fort Langley Langley City Murrayville Otter District Salmon River Walnut Grove Willoughby Heights TOTAL
Inventory 30 19 4 1 8 32 11 3 10 17 36 171
Sales 10 7 0 0 2 12 2 0 7 4 18 62
Sales Ratio* 33% 37% NA NA 25% 38% 18% NA 70% 24% 50% 36%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type LANGLEY DETACHED: Sellers market at 36% Sales Ratio average (3.6 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $900,000 to $1 mil with average 50% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Murrayville, Walnut Grove and 3 to 4 bedroom properties Sellers Best Bet** Selling homes in Salmon River, Willoughby Heights and 5 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
$865,250
13 Month Market Trend
$800,000
$715,000
$700,000
$832,500
204
142
96
$851,000
$854,500
$861,000
$300,000
Compliments of...
DEC
$860,000
$868,000
194
223
320
245
208
222 200
202
243
268
124
192
$400,000
95
$870,000
SOLDS $770,000
$785,000
SNAP-STATS.COM 260
$600,000 $500,000
$736,250
INVENTORY
260
91
87
82
FEB
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
JUL
AUG
SEP
OCT
NOV
500 400
305
133 82 JAN
$812,450
300
171 62
DEC
200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
LANGLEY
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 8 26 19 20 28 13 1 0 0 2 0 0 0 0 0 0 0 0 0 0 117
Sales 0 11 24 13 22 15 4 0 0 0 1 0 0 0 0 0 0 0 0 0 0 90
Sales Ratio* NA 138%* 92% 68% 110%* 54% 31% NA NA NA 50% NA NA NA NA NA NA NA NA NA NA 77%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
18 43 49 7 117
11 42 30 7 90
61% 98% 61% 100% 77%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 217 142 $394,500 $334 99% 15
December 117 90 $363,750 $307 99% 17
Variance -46% -37% -8% -8% NA 13%
SnapStats® Aldergrove Brookswood Campbell Valley County Line Glen Valley Fort Langley Langley City Murrayville Otter District Salmon River Walnut Grove Willoughby Heights TOTAL
Inventory 9 0 0 0 4 30 9 0 1 24 40 117
Sales 3 0 0 0 1 31 1 0 1 13 40 90
Sales Ratio* 33% NA NA NA 25% 103%* 11% NA 100% 54% 100% 77%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type LANGLEY ATTACHED: Sellers market at 77% Sales Ratio average (7.7 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $100,000 to $200,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $600,000 to $700,000, Aldergrove, Murrayville, up to 1 and 3 bedroom properties Sellers Best Bet** Selling homes in Langley City, Willoughby Heights and 2 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$360,000 $324,900 $300,000
$200,000
$278,950
162
$297,500
$100,000
Compliments of...
DEC
$314,500
$330,000
$351,000
$325,000
$346,500
SOLDS $349,000
189
228
79 JAN
FEB
231
232
186
200
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
222
187
225
174
MAY
JUN
185
JUL
202
169
AUG
240
124 SEP
211
154
500
$394,500
SNAP-STATS.COM 281
145 98
$320,500
INVENTORY
$363,750
300
217
117
NOV
200 100
142 90
OCT
400
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
ABBOTSFORD iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016 Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 2 3 13 49 55 35 23 18 12 8 1 1 1 0 0 1 0 1 1 224
Sales 0 0 0 0 4 10 18 6 4 1 2 0 0 0 0 0 0 0 0 0 0 45
Sales Ratio* NA NA NA NA 31% 20% 33% 17% 17% 6% 17% NA NA NA NA NA NA NA NA NA NA 20%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
7 105 89 23 224
1 24 20 0 45
14% 23% 22% NA 20%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 313 80 $643,750 $249 99% 26
December 224 45 $649,900 $253 100% 26
Variance -28% -44% 1% 2% 1% NA
SnapStats® Abbotsford East Abbotsford West Aberdeen Bradner Central Abbotsford Matsqui Poplar Sumas Mountain Sumas Prairie TOTAL
Inventory 77 82 15 0 35 5 5 4 1 224
Sales 17 18 5 0 3 0 2 0 0 45
Sales Ratio* 22% 22% 33% NA 9% NA 40% NA NA 20%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type ABBOTSFORD DETACHED: Balanced market at 20% Sales Ratio average (21% is a Sellers market) Homes are selling on average at list price Most Active Price Band** $600,000 to $700,000 with average 33% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $900,000 to $1 mil and Central Abbotsford Sellers Best Bet** Selling homes in Aberdeen ** With a minimum inventory of 10 in most instances SALE PRICE $610,000
13 Month Market Trend
$570,000
$600,000
$500,000
$485,000 197
$400,000
$300,000
Compliments of...
$625,000
$536,000
$642,500
$652,500
343
323
$620,000
SOLDS $610,000 $643,750
SNAP-STATS.COM 278
213 105
119 DEC
$547,350
INVENTORY $621,500
JAN
322
327
332
380
354
263
FEB
MAR
244
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
241
MAY
214
JUN
118
105
101
174 JUL
AUG
SEP
OCT
530 430
313
222 210
$649,900
80 NOV
224
330 230
45 DEC
130 30
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
ABBOTSFORD iiPrice Band & Bedroom CONDOS & TOWNHOMES
DECEMBER 2016 Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 49 47 19 20 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 142
Sales 1 30 29 18 6 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87
Sales Ratio* NA* 61% 62% 95% 30% 17% 200%* NA NA NA NA NA NA NA NA NA NA NA NA NA NA 61%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
19 78 38 7 142
13 51 18 5 87
68% 65% 47% 71% 61%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 214 106 $207,250 $213 99% 16
December 142 87 $222,500 $214 99% 18
Variance -34% -18% 7% NA NA 13%
SnapStats® Abbotsford East Abbotsford West Aberdeen Bradner Central Abbotsford Matsqui Poplar Sumas Mountain Sumas Prairie TOTAL
Inventory 14 63 1 0 63 0 1 0 0 142
Sales 12 32 0 0 38 0 5 0 0 87
Sales Ratio* 86% 51% NA NA 60% NA 500%* NA NA 61%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type ABBOTSFORD ATTACHED: Sellers market at 61% Sales Ratio average (6.1 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $300,000 to $400,000 with average 95% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $400,000 to $500,000, Abbotsford West and 3 bedroom properties Sellers Best Bet** Selling homes in Abbotsford East and up to 2 bedroom properties ** With a minimum inventory of 10 in most instances $260,000
13 Month Market Trend
$216,000
268
$0
Compliments of...
104
DEC
INVENTORY
SOLDS
$215,000
500
$245,000
$245,000
SNAP-STATS.COM $235,800
$200,000
$100,000
SALE PRICE $240,000
303
67
JAN
288
149 FEB
246
162 MAR
$221,000
$220,000
237
228
226
168
180
194
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
214
146 JUL
$230,000 211
152 AUG
$231,750
$207,250
252
111 SEP
228
134 OCT
$222,500
400 300
214
142
200 100
106 NOV
87 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
MISSION
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 3 4 18 20 21 15 15 4 2 3 1 1 0 1 0 1 0 0 0 109
Sales 0 0 0 4 11 8 9 2 0 0 0 0 0 0 0 0 0 0 0 0 0 34
Sales Ratio* NA NA NA 100% 61% 40% 43% 13% NA NA NA NA NA NA NA NA NA NA NA NA NA 31%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
12 50 42 5 109
2 19 13 0 34
17% 38% 31% NA 31%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 153 35 $532,000 $242 97% 25
December 109 34 $550,250 $226 99% 34
Variance -29% -3% 3% -7% 2% 36%
SnapStats® Dewdney Deroche Durieu Hatzic Hemlock Lake Errock Mission Mission West Stave Falls Steelhead TOTAL
Inventory 1 1 13 3 5 83 3 0 0 109
Sales 0 0 2 0 1 31 0 0 0 34
Sales Ratio* NA NA 15% NA 20% 37% NA NA NA 31%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
34
Market Summary
Official Market Type MISSION DETACHED: Sellers market at 31% Sales Ratio average (3.1 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $400,000 to $500,000 with average 61% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $700,000 to $800,000, Hatzic and up to 2 bedroom properties Sellers Best Bet** Selling homes in Mission and 3 to 4 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$500,000
$467,202
$400,000 $300,000
111
$200,000 $100,000 $0
Compliments of...
48
DEC
$448,500
$460,000
$476,000
INVENTORY
SOLDS
$515,000 300
$535,000
$510,000
$550,826
$535,000
$510,000 187
$510,000
$532,000
SNAP-STATS.COM 127
117
141
154
135
47
JAN
167
83
88
FEB
MAR
103
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
167
189
190
124
95 MAY
JUN
JUL
166
55
55
SEP
OCT
81 AUG
$550,250 200
153
109 100
35
34
NOV
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
MISSION
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 6 2 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21
Sales 1 0 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6
Sales Ratio* NA* NA 100% 25% NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 29%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
2 6 13 0 21
1 2 3 0 6
50% 33% 23% NA 29%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 26 10 $259,200 $208 100% 38
December 21 6 $320,425 $291 100% 22
Variance -19% -40% 24% 40% NA -42%
SnapStats® Dewdney Deroche Durieu Hatzic Hemlock Lake Errock Mission Mission West Stave Falls Steelhead TOTAL
Inventory 0 0 0 3 0 18 0 0 0 21
Sales 0 0 0 1 0 5 0 0 0 6
Sales Ratio* NA NA NA 33% NA 28% NA NA NA 29%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type MISSION ATTACHED: Sellers market at 29% Sales Ratio average (2.9 in 10 homes selling rate) Homes are selling on average at list price Most Active Price Band** $300,000 to $400,000 with average 25% Sales Ratio (Sellers market) Buyers Best Bet** Insufficient data Sellers Best Bet** Selling homes in Mission and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE $305,271
$312,965
13 Month Market Trend
$300,000
$245,750
10 $0
DEC
$304,000
SNAP-STATS.COM 6 JAN
42
31
26 MAR
16 APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
$212,950
43
46 14
FEB
$286,000
$209,900
38
47
$100,000
Compliments of...
$327,200
$169,750
37
SOLDS 100
$263,950 $216,000
$200,000
INVENTORY
17 MAY
18 JUN
$259,200
41
39
12
10
13
AUG
SEP
OCT
35
26
25
17 JUL
$320,425
10
21 6
NOV
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
Compliments of: Royal LePage West Real Estate Services 604.581.3838 [email protected] www.royallepage.ca Royal LePage West Real Estate Services 6 - 9965 152 Street Surrey, BC V3R 4G5
December 2016 Produced and Published by SnapStats® Publishing Co. [email protected] | www.snap-stats.com
SURREY
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 1 3 17 55 112 94 47 114 68 21 16 3 9 1 2 4 3 3 573
Sales 0 0 0 0 1 6 15 32 12 11 24 8 0 1 0 0 0 0 0 0 0 110
Sales Ratio* NA NA NA NA 33% 35% 27% 29% 13% 23% 21% 12% NA 6% NA NA NA NA NA NA NA 19%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
35 222 202 114 573
6 52 34 18 110
17% 23% 17% 16% 19%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 893 137 $790,000 $322 99% 33
December 573 110 $845,450 $343 99% 35
Variance -36% -20% 7% 7% NA 6%
SnapStats® Bear Creek Green Timbers Bolivar Heights Bridgeview Cedar Hills East Newton Fleetwood Tynehead Fraser Heights Guildford Panorama Ridge Port Kells Queen Mary Park Royal Heights Sullivan Station West Newton Whalley TOTAL
Inventory 39 54 22 36 61 57 29 25 55 3 47 13 37 49 46 573
Sales 8 7 3 7 10 13 8 6 12 0 4 3 12 10 7 110
Sales Ratio* 21% 13% 14% 19% 16% 23% 28% 24% 22% NA 9% 23% 32% 20% 15% 19%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Official Market Type SURREY DETACHED: Balanced market at 19% Sales Ratio average (1.9 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $500,000 to $600,000 with average 35% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1.75 mil to $2 mil, Queen Mary Park and all but 3 to 4 bedroom properties Sellers Best Bet** Selling homes in Fraser Heights, Sullivan Station and 3 to 4 bedroom properties
Market Summary
** With a minimum inventory of 10 in most instances SALE PRICE
INVENTORY $825,000 $800,000
$835,000
13 Month Market Trend
$800,000
$714,000
$700,000 $600,000
378
$300,000 $200,000 $100,000
Compliments of...
$758,000 $860,000
281 DEC
$889,950
$861,000
$850,800
$843,000
1040
1065
SNAP-STATS.COM 650
$500,000 $400,000
$746,000
SOLDS $845,450
$790,000
449
259 JAN
713
835
490
360 FEB
449
437
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
1064
900
380
365
MAY
JUN
991
893
573
201
150
129
126
137
110
JUL
AUG
SEP
OCT
NOV
DEC
1350 1250 1150 1050 950 850 750 650 550 450 350 250 150 50
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SURREY
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 29 70 59 69 48 9 2 0 1 0 0 0 0 0 0 0 0 0 0 0 287
Sales 0 39 55 31 39 13 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 180
Sales Ratio* NA 134%* 79% 53% 57% 27% 22% 50% NA NA NA NA NA NA NA NA NA NA NA NA NA 63%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
75 78 108 26 287
50 69 46 15 180
67% 88% 43% 58% 63%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 456 198 $301,000 $275 97% 24
December 287 180 $297,000 $277 98% 24
Variance -37% -9% -1% 1% 1% NA
SnapStats® Bear Creek Green Timbers Bolivar Heights Bridgeview Cedar Hills East Newton Fleetwood Tynehead Fraser Heights Guildford Panorama Ridge Port Kells Queen Mary Park Royal Heights Sullivan Station West Newton Whalley TOTAL
Inventory 1 0 2 0 30 17 0 38 5 0 22 0 30 35 107 287
Sales 1 5 0 0 26 23 0 31 0 0 9 0 12 25 48 180
Sales Ratio* 100% NA* NA NA 87% 135%* NA 82% NA NA 41% NA 40% 71% 45% 63%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SURREY ATTACHED: Sellers market at 63% Sales Ratio average (6.3 in 10 homes selling rate) Homes are selling on average 2% below list price Most Active Price Band** $100,000 to $200,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $600,000 to $700,000, Queen Mary Park, Whalley and 3 bedroom properties Sellers Best Bet** Selling homes in East Newton, Fleetwood Tynehead, Guildford and 2 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$300,000 $300,000
$271,250
628 200
Compliments of...
DEC
$313,000
$304,450
$300,000
$314,500
$316,800
$315,000
SOLDS $320,000
$301,000
SNAP-STATS.COM 748
170
278 $100,000
$292,500
703
749
$200,000
$304,500
INVENTORY
JAN
FEB
678
752
355 MAR
357 APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
366
MAY
582
383
JUN
620
584
306
313
JUL
AUG
577
488
238
279
SEP
OCT
$297,000
456
198 NOV
287
180 DEC
1100 1000 900 800 700 600 500 400 300 200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SOUTH SURREY/WHITE ROCK iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 0 0 2 8 16 45 63 45 31 8 24 16 25 16 12 12 323
Sales 0 0 0 0 0 0 0 0 0 6 13 10 5 5 3 2 1 0 1 1 0 47
Sales Ratio* NA NA NA NA NA NA NA NA NA 38% 29% 16% 11% 16% 38% 8% 6% NA 6% 8% NA 15%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
30 181 89 23 323
1 34 11 1 47
3% 19% 12% 4% 15%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 466 62 $1,390,000 $474 93% 43
December 323 47 $1,380,952 $462 95% 46
Variance -31% -24% -1% -3% 2% 7%
SnapStats® Crescent Beach Ocean Park Elgin Chantrell Grandview Hazelmere King George Corridor Morgan Creek Pacific Douglas Sunnyside Park White Rock TOTAL
Inventory 55 38 26 3 34 24 22 20 101 323
Sales 14 2 6 0 4 2 1 10 8 47
Sales Ratio* 25% 5% 23% NA 12% 8% 5% 50% 8% 15%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SOUTH SURREY DETACHED: Balanced market at 15% Sales Ratio average (1.5 in 10 homes selling rate) Homes are selling on average 5% below price Most Active Price Band** (+/- $1.5 mil): $900,000 to $1 mil (38% Sales Ratio) / $2 to $2.25 mil (38% Sales Ratio) Buyers Best Bet** (+/- $1.5 mil): Homes between $1.25 to $1.5 mil / $2.5 to $2.75 mil, Elgin Chantrell and Pacific Douglas Sellers Best Bet** Selling homes in Sunnyside Park and 3 to 4 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
Compliments of...
$1,500,000 $1,400,000 $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0
$1,235,000 $1,200,500
131 DEC
SOLDS 800
$1,495,000 $1,454,400 $1,498,000 $1,425,000 $1,393,750 $1,358,400 $1,379,250 $1,390,000 $1,380,952
SNAP-STATS.COM 305
230
INVENTORY
$1,340,000 $1,390,000
346
376
390
455
223
249
FEB
MAR
506
534
118
224
205
APR
MAY
140 JAN
424
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
JUL
527
600 500 400
466
300
323
66
42
64
62
47
AUG
SEP
OCT
NOV
DEC
161 JUN
551
700
200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
SOUTH SURREY/WHITE ROCK iiPrice Band & Bedroom CONDOS & TOWNHOMES
DECEMBER 2016
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 2 19 25 25 27 29 20 7 3 4 0 1 2 1 1 0 0 0 0 0 166
Sales 0 6 7 22 20 13 10 5 0 2 1 1 0 0 0 0 0 0 0 0 0 87
Sales Ratio* NA 300%* 37% 88% 80% 48% 34% 25% NA 67% 25% NA* NA NA NA NA NA NA NA NA NA 52%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
26 82 41 17 166
8 44 26 9 87
31% 54% 63% 53% 52%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 269 118 $452,750 $376 99% 19
December 166 87 $469,000 $364 98% 22
Variance -38% -26% 4% -3% -1% 16%
SnapStats® Crescent Beach Ocean Park Elgin Chantrell Grandview Hazelmere King George Corridor Morgan Creek Pacific Douglas Sunnyside Park White Rock TOTAL
Inventory 1 3 50 0 17 12 5 17 61 166
Sales 1 3 26 0 14 12 0 10 21 87
Sales Ratio* 100% 100% 52% NA 82% 100% NA 59% 34% 52%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type SOUTH SURREY ATTACHED: Sellers market at 52% Sales Ratio average (5.2 in 10 homes selling rate) Homes are selling on average 2% below list price Most Active Price Band** $300,000 to $500,000 with average 84% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $700,000 to $800,000, White Rock and up to 1 bedroom properties Sellers Best Bet** Selling homes in King George Corridor, Morgan Creek and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$400,000 $300,000
$380,000
273
$0
Compliments of...
89
DEC
$404,000
SOLDS
$420,000
600
$433,500
$456,950
$449,500
$440,000
$435,000
291
305
$452,750
SNAP-STATS.COM 367
$200,000 $100,000
$377,750
INVENTORY
94
JAN
$408,500
327
218
FEB
301
226
MAR
258 249
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
230 214
MAY
$394,950
194 190
JUN
232
140 JUL
233
$469,000
500 400
269
300
166
200 100
112 AUG
103 SEP
107
118
OCT
NOV
87 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
NORTH DELTA iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016 Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 0 5 25 33 18 20 13 7 1 0 0 0 0 0 1 0 123
Sales 0 0 0 0 0 0 1 8 4 2 2 3 0 0 0 0 0 0 0 0 0 20
Sales Ratio* NA NA NA NA NA NA 20% 32% 12% 11% 10% 23% NA NA NA NA NA NA NA NA NA 16%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
2 65 43 13 123
0 11 8 1 20
NA 17% 19% 8% 16%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 184 29 $822,000 $382 97% 21
December 123 20 $813,000 $340 95% 34
Variance -33% -31% -1% -11% -2% 62%
SnapStats® Annieville Nordel Scottsdale Sunshine Hills Woods TOTAL
Inventory 30 44 29 20 123
Sales 7 5 3 5 20
Sales Ratio* 23% 11% 10% 25% 16%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type NORTH DELTA DETACHED: Balanced market at 16% Sales Ratio average (1.6 in 10 homes selling rate) Homes are selling on average 5% below list price Most Active Price Band** $700,000 to $800,000 with average 32% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $800,000 to $1.25 mil, Nordel, Scottsdale and minimum 7 bedroom properties Sellers Best Bet** Selling homes in Annieville, Sunshine Hills Woods and 3 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
$893,050 $900,000
13 Month Market Trend
$800,000
$808,250 $725,000
$600,000
51
Compliments of...
56
46
41 DEC
INVENTORY $849,450
SOLDS
$853,000 $791,500
$900,000
$822,000
SNAP-STATS.COM 82
$500,000 $400,000
$900,000
$755,000
160
$700,000
$850,000
$837,500
98 FEB
158
195
203
214
108
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
93 MAY
105
47
JUN
JUL
220
208
184
104
74 JAN
171
$813,000
120
123
30
28
30
29
20
AUG
SEP
OCT
NOV
DEC
20
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
NORTH DELTA
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 1 2 3 1 2 3 6 0 0 1 0 0 0 0 0 0 0 0 0 0 19
Sales 1 2 1 0 2 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11
Sales Ratio* NA* 200%* 50% NA 200%* 100% 100% NA NA NA NA NA NA NA NA NA NA NA NA NA NA 58%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
4 3 8 4 19
3 3 5 0 11
75% 100% 63% NA 58%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 36 8 $414,950 $466 98% 30
December 19 11 $490,000 $471 108% 48
Variance -47% 38% 18% 1% 10% 60%
SnapStats® Annieville Nordel Scottsdale Sunshine Hills Woods TOTAL
Inventory 1 11 7 0 19
Sales 3 5 3 0 11
Sales Ratio* 300%* 45% 43% NA 58%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type NORTH DELTA ATTACHED: Sellers market at 58% Sales Ratio average (5.8 in 10 homes selling rate) Homes are selling on average 8% above list price Most Active Price Band** Insufficient data Buyers Best Bet** Insufficient data Sellers Best Bet** Selling homes in Nordel and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$451,500
$500,000 $400,000 $300,000
$316,000 49
$200,000 $100,000 $0
Compliments of...
6 DEC
$349,150
$361,400
$361,900
48
51
$388,400
$390,900
INVENTORY $434,900
$425,000
SOLDS $490,000 $414,950
SNAP-STATS.COM $219,500
38 12
JAN
35
13
FEB
34 MAR
55
54
47
36
59
43
25
36
51
21
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
JUL
36
19
8
31 APR
100
$350,000
23 AUG
SEP
OCT
NOV
19 11 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
CLOVERDALE
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 0 1 6 13 19 8 11 7 2 3 1 1 1 0 1 0 0 74
Sales 0 0 0 0 0 1 1 12 8 4 4 1 0 0 0 0 0 0 0 0 0 31
Sales Ratio* NA NA NA NA NA 100% 17% 92% 42% 50% 36% 14% NA NA NA NA NA NA NA NA NA 42%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
4 29 28 13 74
0 16 14 1 31
NA 55% 50% 8% 42%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 129 47 $826,000 $293 97% 26
December 74 31 $815,000 $293 96% 36
Variance -43% -34% -1% NA -1% 38%
SnapStats® Clayton Cloverdale Serpentine TOTAL
Inventory 15 59 0 74
Sales 8 23 0 31
Sales Ratio* 53% 39% NA 42%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type CLOVERDALE DETACHED: Sellers market at 42% Sales Ratio average (4.2 in 10 homes selling rate) Homes are selling on average 4% below list price Most Active Price Band** $700,000 to $800,000 with average 92% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1 mil to $1.25 mil, Cloverdale and minimum 7 bedroom properties Sellers Best Bet** Selling homes in Clayton and 3 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$747,619
$800,000 $700,000
$662,000
$770,000
$500,000 $400,000
Compliments of...
49 45 DEC
$825,000 $861,000
$875,250
$855,000
SOLDS 300
$788,000
$855,000
$826,000
SNAP-STATS.COM 127
$600,000
$800,000
INVENTORY
62
138
141
131
140
MAR
APR
153
123
128
88
37 JAN
FEB
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
147
$820,000
170
175
110
JUN
60
65
JUL
AUG
$815,000 200
129
162
43
46
47
SEP
OCT
NOV
74
100
31 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
CLOVERDALE
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 2 2 11 15 6 12 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 54
Sales 0 0 13 13 12 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44
Sales Ratio* NA NA 118%* 87% 200%* 50% NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 81%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
11 23 12 8 54
9 18 13 4 44
82% 78% 108%* 50% 81%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 76 57 $386,000 $331 97% 13
December 54 44 $372,600 $338 101% 12
Variance -29% -23% -3% 2% 4% -8%
SnapStats® Clayton Cloverdale Serpentine TOTAL
Inventory 32 22 0 54
Sales 24 20 0 44
Sales Ratio* 75% 91% NA 81%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type CLOVERDALE ATTACHED: Sellers market at 81% Sales Ratio average (8.1 in 10 homes selling rate) Homes are selling on average 1% above list price Most Active Price Band** $400,000 to $500,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $500,000 to $600,000, Clayton and minimum 4 bedroom properties Sellers Best Bet** Selling homes in Cloverdale and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$400,000
$332,450
$300,000 $200,000
94
58
Compliments of...
$350,500
DEC
INVENTORY
SOLDS
$390,000 $401,000
$410,000
$401,000
$415,000
91
86
$400,750
$403,000
$386,000
SNAP-STATS.COM 93
114
96
$100,000 $0
$338,000
$382,000
41 JAN
FEB
115 109
MAR
124 123
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
129
140
104
MAY
76
83
87
JUN
JUL
AUG
$372,600
200
102
77
66 SEP
79 OCT
76
57 NOV
54 44 DEC
100
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
LANGLEY
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 0 0 1 6 27 29 26 18 25 15 8 8 5 0 0 1 2 0 0 171
Sales 0 0 0 0 0 5 12 14 9 9 10 1 1 0 1 0 0 0 0 0 0 62
Sales Ratio* NA NA NA NA NA 83% 44% 48% 35% 50% 40% 7% 13% NA 20% NA NA NA NA NA NA 36%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
6 107 51 7 171
1 34 26 1 62
17% 32% 51% 14% 36%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 260 82 $785,000 $364 98% 24
December 171 62 $812,450 $303 99% 28
Variance -34% -24% 3% -17% 1% 17%
SnapStats® Aldergrove Brookswood Campbell Valley County Line Glen Valley Fort Langley Langley City Murrayville Otter District Salmon River Walnut Grove Willoughby Heights TOTAL
Inventory 30 19 4 1 8 32 11 3 10 17 36 171
Sales 10 7 0 0 2 12 2 0 7 4 18 62
Sales Ratio* 33% 37% NA NA 25% 38% 18% NA 70% 24% 50% 36%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type LANGLEY DETACHED: Sellers market at 36% Sales Ratio average (3.6 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $900,000 to $1 mil with average 50% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Murrayville, Walnut Grove and 3 to 4 bedroom properties Sellers Best Bet** Selling homes in Salmon River, Willoughby Heights and 5 to 6 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
$865,250
13 Month Market Trend
$800,000
$715,000
$700,000
$832,500
204
142
96
$851,000
$854,500
$861,000
$300,000
Compliments of...
DEC
$860,000
$868,000
194
223
320
245
208
222 200
202
243
268
124
192
$400,000
95
$870,000
SOLDS $770,000
$785,000
SNAP-STATS.COM 260
$600,000 $500,000
$736,250
INVENTORY
260
91
87
82
FEB
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
JUL
AUG
SEP
OCT
NOV
500 400
305
133 82 JAN
$812,450
300
171 62
DEC
200 100 0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
LANGLEY
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 8 26 19 20 28 13 1 0 0 2 0 0 0 0 0 0 0 0 0 0 117
Sales 0 11 24 13 22 15 4 0 0 0 1 0 0 0 0 0 0 0 0 0 0 90
Sales Ratio* NA 138%* 92% 68% 110%* 54% 31% NA NA NA 50% NA NA NA NA NA NA NA NA NA NA 77%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
18 43 49 7 117
11 42 30 7 90
61% 98% 61% 100% 77%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 217 142 $394,500 $334 99% 15
December 117 90 $363,750 $307 99% 17
Variance -46% -37% -8% -8% NA 13%
SnapStats® Aldergrove Brookswood Campbell Valley County Line Glen Valley Fort Langley Langley City Murrayville Otter District Salmon River Walnut Grove Willoughby Heights TOTAL
Inventory 9 0 0 0 4 30 9 0 1 24 40 117
Sales 3 0 0 0 1 31 1 0 1 13 40 90
Sales Ratio* 33% NA NA NA 25% 103%* 11% NA 100% 54% 100% 77%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type LANGLEY ATTACHED: Sellers market at 77% Sales Ratio average (7.7 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $100,000 to $200,000 with average >100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $600,000 to $700,000, Aldergrove, Murrayville, up to 1 and 3 bedroom properties Sellers Best Bet** Selling homes in Langley City, Willoughby Heights and 2 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$360,000 $324,900 $300,000
$200,000
$278,950
162
$297,500
$100,000
Compliments of...
DEC
$314,500
$330,000
$351,000
$325,000
$346,500
SOLDS $349,000
189
228
79 JAN
FEB
231
232
186
200
MAR
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
222
187
225
174
MAY
JUN
185
JUL
202
169
AUG
240
124 SEP
211
154
500
$394,500
SNAP-STATS.COM 281
145 98
$320,500
INVENTORY
$363,750
300
217
117
NOV
200 100
142 90
OCT
400
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
ABBOTSFORD iiPrice Band & Bedroom DETACHED HOUSES
DECEMBER 2016 Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 2 3 13 49 55 35 23 18 12 8 1 1 1 0 0 1 0 1 1 224
Sales 0 0 0 0 4 10 18 6 4 1 2 0 0 0 0 0 0 0 0 0 0 45
Sales Ratio* NA NA NA NA 31% 20% 33% 17% 17% 6% 17% NA NA NA NA NA NA NA NA NA NA 20%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
7 105 89 23 224
1 24 20 0 45
14% 23% 22% NA 20%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 313 80 $643,750 $249 99% 26
December 224 45 $649,900 $253 100% 26
Variance -28% -44% 1% 2% 1% NA
SnapStats® Abbotsford East Abbotsford West Aberdeen Bradner Central Abbotsford Matsqui Poplar Sumas Mountain Sumas Prairie TOTAL
Inventory 77 82 15 0 35 5 5 4 1 224
Sales 17 18 5 0 3 0 2 0 0 45
Sales Ratio* 22% 22% 33% NA 9% NA 40% NA NA 20%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type ABBOTSFORD DETACHED: Balanced market at 20% Sales Ratio average (21% is a Sellers market) Homes are selling on average at list price Most Active Price Band** $600,000 to $700,000 with average 33% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $900,000 to $1 mil and Central Abbotsford Sellers Best Bet** Selling homes in Aberdeen ** With a minimum inventory of 10 in most instances SALE PRICE $610,000
13 Month Market Trend
$570,000
$600,000
$500,000
$485,000 197
$400,000
$300,000
Compliments of...
$625,000
$536,000
$642,500
$652,500
343
323
$620,000
SOLDS $610,000 $643,750
SNAP-STATS.COM 278
213 105
119 DEC
$547,350
INVENTORY $621,500
JAN
322
327
332
380
354
263
FEB
MAR
244
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
241
MAY
214
JUN
118
105
101
174 JUL
AUG
SEP
OCT
530 430
313
222 210
$649,900
80 NOV
224
330 230
45 DEC
130 30
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
ABBOTSFORD iiPrice Band & Bedroom CONDOS & TOWNHOMES
DECEMBER 2016 Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 49 47 19 20 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 142
Sales 1 30 29 18 6 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87
Sales Ratio* NA* 61% 62% 95% 30% 17% 200%* NA NA NA NA NA NA NA NA NA NA NA NA NA NA 61%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
19 78 38 7 142
13 51 18 5 87
68% 65% 47% 71% 61%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 214 106 $207,250 $213 99% 16
December 142 87 $222,500 $214 99% 18
Variance -34% -18% 7% NA NA 13%
SnapStats® Abbotsford East Abbotsford West Aberdeen Bradner Central Abbotsford Matsqui Poplar Sumas Mountain Sumas Prairie TOTAL
Inventory 14 63 1 0 63 0 1 0 0 142
Sales 12 32 0 0 38 0 5 0 0 87
Sales Ratio* 86% 51% NA NA 60% NA 500%* NA NA 61%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type ABBOTSFORD ATTACHED: Sellers market at 61% Sales Ratio average (6.1 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $300,000 to $400,000 with average 95% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $400,000 to $500,000, Abbotsford West and 3 bedroom properties Sellers Best Bet** Selling homes in Abbotsford East and up to 2 bedroom properties ** With a minimum inventory of 10 in most instances $260,000
13 Month Market Trend
$216,000
268
$0
Compliments of...
104
DEC
INVENTORY
SOLDS
$215,000
500
$245,000
$245,000
SNAP-STATS.COM $235,800
$200,000
$100,000
SALE PRICE $240,000
303
67
JAN
288
149 FEB
246
162 MAR
$221,000
$220,000
237
228
226
168
180
194
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
MAY
JUN
214
146 JUL
$230,000 211
152 AUG
$231,750
$207,250
252
111 SEP
228
134 OCT
$222,500
400 300
214
142
200 100
106 NOV
87 DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
MISSION
DECEMBER 2016
iiPrice Band & Bedroom DETACHED HOUSES
Community DETACHED HOUSES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 0 3 4 18 20 21 15 15 4 2 3 1 1 0 1 0 1 0 0 0 109
Sales 0 0 0 4 11 8 9 2 0 0 0 0 0 0 0 0 0 0 0 0 0 34
Sales Ratio* NA NA NA 100% 61% 40% 43% 13% NA NA NA NA NA NA NA NA NA NA NA NA NA 31%
2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More TOTAL
12 50 42 5 109
2 19 13 0 34
17% 38% 31% NA 31%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 153 35 $532,000 $242 97% 25
December 109 34 $550,250 $226 99% 34
Variance -29% -3% 3% -7% 2% 36%
SnapStats® Dewdney Deroche Durieu Hatzic Hemlock Lake Errock Mission Mission West Stave Falls Steelhead TOTAL
Inventory 1 1 13 3 5 83 3 0 0 109
Sales 0 0 2 0 1 31 0 0 0 34
Sales Ratio* NA NA 15% NA 20% 37% NA NA NA 31%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
34
Market Summary
Official Market Type MISSION DETACHED: Sellers market at 31% Sales Ratio average (3.1 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $400,000 to $500,000 with average 61% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $700,000 to $800,000, Hatzic and up to 2 bedroom properties Sellers Best Bet** Selling homes in Mission and 3 to 4 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE
13 Month Market Trend
$500,000
$467,202
$400,000 $300,000
111
$200,000 $100,000 $0
Compliments of...
48
DEC
$448,500
$460,000
$476,000
INVENTORY
SOLDS
$515,000 300
$535,000
$510,000
$550,826
$535,000
$510,000 187
$510,000
$532,000
SNAP-STATS.COM 127
117
141
154
135
47
JAN
167
83
88
FEB
MAR
103
APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
167
189
190
124
95 MAY
JUN
JUL
166
55
55
SEP
OCT
81 AUG
$550,250 200
153
109 100
35
34
NOV
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
MISSION
DECEMBER 2016
iiPrice Band & Bedroom CONDOS & TOWNHOMES
Community CONDOS & TOWNHOMES
SnapStats® $0 – 100,000 100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000 1,000,001 – 1,250,000 1,250,001 – 1,500,000 1,500,001 – 1,750,000 1,750,001 – 2,000,000 2,000,001 – 2,250,000 2,250,001 – 2,500,000 2,500,001 – 2,750,000 2,750,001 – 3,000,000 3,000,001 – 3,500,000 3,500,001 – 4,000,000 4,000,001 & Greater TOTAL
Inventory 0 6 2 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21
Sales 1 0 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6
Sales Ratio* NA* NA 100% 25% NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 29%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms & Greater TOTAL
2 6 13 0 21
1 2 3 0 6
50% 33% 23% NA 29%
SnapStats® Median Data Inventory Solds Sale Price Sale Price SQFT Sale to List Price Ratio Days on Market
November 26 10 $259,200 $208 100% 38
December 21 6 $320,425 $291 100% 22
Variance -19% -40% 24% 40% NA -42%
SnapStats® Dewdney Deroche Durieu Hatzic Hemlock Lake Errock Mission Mission West Stave Falls Steelhead TOTAL
Inventory 0 0 0 3 0 18 0 0 0 21
Sales 0 0 0 1 0 5 0 0 0 6
Sales Ratio* NA NA NA 33% NA 28% NA NA NA 29%
*Sales Ratio defines market speed (higher is faster) and market type: Buyers up to 11% | Balanced 12 to 20% | Sellers 21% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Market Summary
Official Market Type MISSION ATTACHED: Sellers market at 29% Sales Ratio average (2.9 in 10 homes selling rate) Homes are selling on average at list price Most Active Price Band** $300,000 to $400,000 with average 25% Sales Ratio (Sellers market) Buyers Best Bet** Insufficient data Sellers Best Bet** Selling homes in Mission and 3 bedroom properties ** With a minimum inventory of 10 in most instances SALE PRICE $305,271
$312,965
13 Month Market Trend
$300,000
$245,750
10 $0
DEC
$304,000
SNAP-STATS.COM 6 JAN
42
31
26 MAR
16 APR
Royal LePage West Real Estate Services Royal LePage West Real Estate Services 604.581.3838
$212,950
43
46 14
FEB
$286,000
$209,900
38
47
$100,000
Compliments of...
$327,200
$169,750
37
SOLDS 100
$263,950 $216,000
$200,000
INVENTORY
17 MAY
18 JUN
$259,200
41
39
12
10
13
AUG
SEP
OCT
35
26
25
17 JUL
$320,425
10
21 6
NOV
DEC
0
www.royallepage.ca [email protected]
©2010-2017 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on January 3, 2017 from the Fraser Valley Real Estate Board MLS®. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Royal LePage West Real Estate Services and Royal LePage West Real Estate Services do not assume any responsibility or liability. For more information visit www.snap-stats.com.
