Mission Housing Market Trends

 


    Mission Real Estate Market Reports and Forecasts 
Previous Reports 

 Mission Market Update  (Detached)

Hatzic, Mission, Stave Falls, Dewdney Deroche, Lake Errock and all the sub-areas of Mission Real Estate Market Update Report.

         What are Mission's Best and Worst Investments?

Oct 1, 2020

gas gauge

Current: Mission is a Seller Market with normal listing inventories, 33 %SOLD rate and Sale Price /List Price = 98% 
                     (e.g.: means an average of a $14,700 Discount from the original list price on sale .)

Most Active Range: Homes between $550,000 - $675,000 have 50.0 %SOLD rate.
Least Active Range:: Homes above $1.3 mill. have 16.7 %SOLD rate.

History: The Mission Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased  $29,160.
               The Mission Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $20,496.
                *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Mission has average Listing Supply; 205 homes are for sale and with the 33 %SOLD monthly rate gives us a ~3 months of inventory. Another indicator: 22% of the Active Listings have Reduced their Price by $74,714 on Average and $29,000 on Median for the last month. We project Mission Detached to be a Seller market.

September's Real Estate Statistics shows that 100% of Single-Family Homes in Metro Vancouver are in a Seller's Market. This is the 1st time all markets are rising since May 2017. The Average Monthly Prices increased $9,084 which is the highest increase we have seen this year or for any September on record. ON the other hand, Fraser Valley shows $7,079 monthly price increase. Thus, we are forecasting that in the Metro Vancouver Markets will Seller's Market will continue for the coming month.

Currently, Condos are also in a Seller Market with 60% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. The average monthly price increase was $965. At the same time, 20 out of 28 Townhouse Markets increased an average of $1,412. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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   Mission's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $675,000      

What Is Your Home Value, Profit; Return On Investment?
              你的房屋价值 ,利润, 投资收益率知多少?


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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
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Bill Coughlin presents these Mission Real Estate Market Updates which include sub-areas such as Stave Falls, Dewdney Deroche, Hatzic, Mission, Lake Errock etc. Contact Bill as the Local Expert..... more details.

Mission Real Estate updates include the sub areas Dewdney Deroche, Stave Falls, Hatzic, Mission, Lake Errock etc.

Mission Real Estate updates include the sub areas Dewdney Deroche, Stave Falls, Hatzic, Mission, Lake Errock etc.

Mission Real Estate updates include the sub areas Dewdney Deroche, Stave Falls, Hatzic, Mission, Lake Errock etc.

Mission Real Estate updates include the sub areas Dewdney Deroche, Stave Falls, Hatzic, Mission, Lake Errock etc.

Download the full Mission.Marketupdatereport.PDF

Mission, Lake Errock, Dewdney Deroche, Stave Falls, Hatzic and all the sub areas of Mission detailed stats

Mission, Lake Errock, Dewdney Deroche, Stave Falls, Hatzic and all the sub areas of Mission detailed stats

Mission, Lake Errock, Dewdney Deroche, Stave Falls, Hatzic and all the sub areas of Mission detailed stats

Mission, Lake Errock, Dewdney Deroche, Stave Falls, Hatzic and all the sub areas of Mission detailed stats

This Mission Real Estate Market update includes the sub areas Lake Errock, Hatzic, Mission, Dewdney Deroche, Stave Falls etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report


 

 

Mission                     Real Estate Market Analysis Reports

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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Bill Coughlin
EXP Realty

For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

call me
1-778-374-3744

Coughlinb@gmail.com

   

1621 King George 5341 256 1783 Fairview 33320 Tree Top Terrace 418 33318 Bourquin Cres 43250 Old Orchard 30513 Silverdale Ave 8912 Foulds Street 7420 112 St  304 33599 2nd Ave  3374 273B St 10097 Killarney 202 45729 Gaetz St 41023 Yale Rd 50380 Yale Rd 28258 Myrtle Ave Edsen 10554 Ponderay St 30782 Dewdney Trunk Rd 2501 Grosvenor Pl 8865 Foulds 32858 Ashley 46925 Extrom 8980 189 Street 31750 Silverdale 2404 108 W Cordova 63615 Elder Rd 7955 229 324 Spruce    

..E..

M.

Bill Coughlin
"Realtor and Lifestyle Consultant"

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EXP Realty
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