Wednesday, September 14, 2011
Whats Happening in Fraser Valley??
In August we had an increase of 35 percent more sales compared to last year in the same month. Usually we have seen a slower time in the summer months with sales and listings. But with the late start to our spring and a lack of summer sun we have had an unusual increase in sales. There were still many competing offers in some pockets throughout the lower mainland for single detached homes. The benchmark price for a home in the Fraser Valley in August was $528,959 an increase of 3.7%. There was also a slight increase from last year for the condos market with a 2.5% increase. With interest rates remaining low it's still a great time to think about moving to North Delta, Surrey or Cloverdale and anywhere in the Fraser Valley.
If you are thinking of selling or buying Sheri Brown & Associates can help you.