Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to pick up heading into Spring. There are signs of optimism in the market right now with more steady traffic at open houses and the average number of days on the market falling however buyers are still exercising some caution. The highlights include a 32% increase in sales over January and new listings are up 18% over January. The MLS HPI Benchmark Price Activity is up slightly across all property types. The overall sales to active ratio is 22% which is edging into a sellers market. When this ratio is between 12% - 20% the market is considered balanced. Click [here] to read the complete Fraser Valley Real Estate Board Stats Package. For specifics about the market in your neighbourhood, chat with a professional real estate agent.
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MLS®#: R2858295
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ROYAL LEPAGE WEST REAL ESTATE SERVICES
Willoughby Heights
141 - 20449 66 Avenue
MLS®#: R2858295
Bedrooms: 3
Bathrooms: 3.0
Floor Area: 2,027 sq. ft.
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