September 2017 Real Estate Statistics
Hello, Everyone. Before we head into our winter months, let’s take a look back at our late summer statistics. Here are my quick points from the latest statistics provided by the Fraser Valley Real Estate Board for the month of September.
AVERAGE DAYS ON MARKET
Apartments: 19 Days
Townhouses: 18 Days,
Single Family Homes: 29 Days
Apartments: 470 Sales
Townhouses: 392 Sales
Single Family Homes: 602 Sales
Although the market is still showing strength on a month to month basis, year to date data reveals that sales have decreased by 14% from this time last year and new listings are down year to date by 11.3%. As we head into our winter months it will be interesting to see whether the data continues to follow last years at a slightly slower pace.
For all those who want to dive into some more detail, feel free to click the link below. Enjoy