Rosemary Papp

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I have sold a property at 302 20257 54 AVE in Langley.
Priced to impress, looks equally good! This beautifully maintained home features 2 spacious bedrooms, large ensuite with soaker tub off dressing-room in master, bay window with nook seating, 2nd bedroom has slider access to balcony. Livingroom features heat controlled centre gas fireplace, oversize windows for natural light and view, vaulted ceiling, diningroom will accomodate cozy dinner parties and is open to kitchen with features that include updated white cabinets and tile backsplash, counters and flooring. Oxford Court is well managed and features a small common room, numerous security updates, secure parking and locker area. Area amenities include shopping, transit and parks. Call soon or this good buy will soon be good bye!
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I have listed a new property at 302 20257 54 AVE in Langley.
Priced to impress, looks equally good! This beautifully maintained home features 2 spacious bedrooms, large ensuite with soaker tub off dressing-room in master, bay window with nook seating, 2nd bedroom has slider access to balcony. Livingroom features heat controlled centre gas fireplace, oversize windows for natural light and view, vaulted ceiling, diningroom will accomodate cozy dinner parties and is open to kitchen with features that include updated white cabinets and tile backsplash, counters and flooring. Oxford Court is well managed and features a small common room, numerous security updates, secure parking and locker area. Area amenities include shopping, transit and parks. Call soon or this good buy will soon be good bye!
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Source: Fraser Valley Real Estate Board

SURREY, BC – Ongoing demand for properties in the Fraser Valley saw overall sales reach the second highest point for an October in the Board’s history.

The Fraser Valley Real Estate Board processed 1,799 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 23 per cent compared to the 1,463 sales in October of last year, and an 11.1 per cent increase compared to the 1,619 sales in September 2017.

Attached sales represented 56% of all market activity for the month, with apartment sales totaling 591 and townhomes at 418.

“The divide between our attached and detached markets continues to widen,” Gopal Sahota, Fraser Valley Real Estate Board president said. “Apartment activity was notably strong in October with a sales-to-actives ratio of 105 per cent, meaning that apartments are selling as fast as we can list them.”

Last month the total active inventory for the Fraser Valley was 5,483 listings. Active inventory decreased by 6.3 per cent month-over-month, and decreased 9.1 per cent when compared to October 2016.

The Board received 2,479 new listings in October, a 13 per cent decrease from September 2017, and a 12.8 per cent increase compared to October 2016’s 2,197 new listings.

“Your real estate experience in the Valley is going to be very different depending on what you’re looking for or selling,” continued Sahota. “Regardless, with the help of a professional REALTOR® you can understand exactly what’s happening in your market and find success.”

For the Fraser Valley region the average number of days to sell an apartment in October was 18 days, and 19 days for townhomes. Single family detached homes remained on market for an average of 31 days before selling.

HPI® Benchmark Price Activity

  • Single Family Detached: At $971,900, the Benchmark price for a single family detached home in the Valley decreased 0.3 per cent compared to September 2017, and increased 11.8 per cent compared to October 2016.
  • Townhomes: At $502,800 the Benchmark price for a townhome in the Fraser Valley increased 0.8 per cent compared to September 2017, and increased 18.4 per cent compared to October 2016.
  • Apartments: At $369,400, the Benchmark price for apartments/condos in the Fraser Valley increased 3.1 per cent compared to September 2017, and increased 36.4 per cent compared to October 2016.

Find the October Statistics Package here.

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