Posted in: Brookswood Langley, Langley Real Estate
I have sold a property at 70 2315 198 ST in Langley.
Roomy and awesome floor plan creates a nice flow though this spacious 2 BR 2 bath home with features that include entertainment size living and dining room, open kitchen with ample cupboards, separate pantry cupboard, adjoining laundry room. Large master offers oversize walk in closet, 2 pce. ensuite, 2nd BR ideal for guests. The exterior features a covered deck perfect for year round use, attached storage with power and separate storage outbuilding and level yard space. This popular community is for those 45+ (no resident under 17) and 1 small pet. Call soon or this good buy will soon be good bye!
Posted in: Buyers , First Time Home Buyers , Fraser Valley Real Estate Board , Market News , Sellers , Statistics , Statistics, FVREB
Source: Fraser Valley Real Estate Board
SURREY, BC – Fraser Valley housing market activity in January continued on the momentum seen throughout 2017 with year-over-year increases seen for both sales and pricing.
The Fraser Valley Real Estate Board processed 1,210 sales of all property types on its Multiple Listing Service® (MLS®) in January, an increase of 24 per cent compared to the 976 sales in January of last year, and a 10 per cent decrease compared to the 1,344 sales in December 2017. This was the third highest sales total for a January in the Board’s history, behind only 2016 (1,338) and 1992 (1,270).
Of the 1,210 sales processed last month, 281 were townhouses and 338 were apartments, together representing 51 per cent of all transactions in January.
Active inventory for the Fraser Valley finished at 3,962 listings last month, increasing 3.8 per cent month-over-month, and decreasing 10 per cent when compared to January 2017. January’s sales-to-active listing ratio was 31 per cent.
The Board received 2,092 new listings in January, a 63.8 per cent increase from December 2017’s 1,277 new listings, and a 3.9 per cent decrease compared to January 2017.
For the Fraser Valley region the average number of days to sell an apartment in January was 19, and 24 for townhomes. Single family detached homes remained on the market for an average of 46 days before selling.
HPI® Benchmark Price Activity
Find the January Statistics Package here.
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