Vancouver Real Estate Market Update Reports / West Surrey Real Estate Market Update Report.

   The West Surrey Housing Market Reports and Trends

 


 West Surrey Real Estate Market Reports and Forecasts 

West Surrey Market Update (Detached)
East Newton, West Newton, Cedar Hills, Bear Creek Green Timbers, Queen Mary Park Surrey and all the sub-areas of West Surrey Real Estate Market Update Report.

      What are West Surrey's Best and Worst Investments?

Archive Peak to Date Changes

Nov 1, 2023

gas gauge

Current: West Surrey is in a Buyer's Market with an average listing inventory, 7 %SOLD rate and a 97% Sell/List Ratio.  
                     (This means that there is an average of a $41,000 sales discount from the original list price)

Most Active Range: Homes below $1.35 mill. have 17.5`%SOLD rate.  
Least Active Range: Homes between $2.2 mill.-$2.6 mill have 1.2 % SOLD rate.

History: The Surrey West Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $97,323
                The Surrey West Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $24,629.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: West Surrey has average Listing supply; 547 homes are for sale and with the 7 %SOLD monthly rate gives us a ~14 months of inventory. 7% of the active listings have reduced their price by $73,101 on average or $50,000 median in the last month. We project West Surrey to be a Buyer's market.

Greater Vancouver October 2023:

In October, the average price of Single-Family Detached Homes in Greater Vancouver continued to decline, with an average price of $15,669, representing a substantial decrease from the previous month's average of $297. This is the most significant decrease we've witnessed in the current year and the lowest October price drop in the past 25 years. 

The ongoing conflicts now involving Israel and Hamas, as well as Russia and Ukraine, have significantly eroded buyer confidence. This, in turn, has led to increased uncertainty in oil prices, inflationary pressures, and higher food prices. Additionally, buyers are currently facing unprecedented limitations on their borrowing power, which have not been seen in the past 20 years. Based on our forecasts, we anticipate that the market will continue to experience a decline until February 2024.

Presently, both the condominium and townhouse markets are in a near state of balance. Condominium prices have decreased by an average of $5,697, while townhouse prices have actually risen by $2,472.

Every Saturday at noon, we analyze 97 different city House Price Indices and present the most accurate market trends to you at VancouverMarketReports.com. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - Your Neighborhood.

Fraser Valley October 2023:

In October, the average price of Single-Family Detached Homes in Fraser Valley decreased by $10,502, which represents a positive change from the prior month when the average decrease was $15,966. This represents the lowest price decline for the month of October over the last decade.

The ongoing conflicts now involving Israel and Hamas, as well as Russia and Ukraine, have significantly eroded buyer confidence. This, in turn, has led to increased uncertainty in oil prices, inflationary pressures, and higher food prices. Additionally, buyers are currently facing unprecedented limitations on their borrowing power, which have not been seen in the past 20 years. Based on our forecasts, we anticipate that the market will continue to experience a decline until February 2024.

As per the latest data, both the condominium and townhouse markets are experiencing significant declines. The average price of a condominium has dropped by $7,595, while the average price of a townhouse has declined by $7,783.

Every Saturday at noon, we analyze 97 different cities' House Price Indices and present the MOST ACCURATE Market Trends to you at VancouverMarketReports.com. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - 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)

 

Vancouver real estate investments

             

 


   Surrey West's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $1,350,000      

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?


No Flash? Use our Mobile Friendly Link

 

 

 

 

 

Date Value

                                                    计算你的房产价值;     与130的本地和全球市场比较你的投资利润
Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
cx

We thank Bill Coughlin for their support of these West Surrey Real Estate Market Updates which include sub-areas such as Bear Creek Green Timbers, Queen Mary Park Surrey, East Newton, West Newton, Cedar Hills etc. Contact Bill as the Local Expert..... more details.

West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey and all the sub-areas of West Surrey Real Estate Market Update Report.

West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey and all the sub-areas of West Surrey Real Estate Market Update Report.

West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey and all the sub-areas of West Surrey Real Estate Market Update Report.

West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey and all the sub-areas of West Surrey Real Estate Market Update Report.

Download the full West.Surrey.Marketupdatereport.PDF

The sub areas of West Surrey are West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey etc

The sub areas of West Surrey are West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey etc

The sub areas of West Surrey are West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey etc

The sub areas of West Surrey are West Newton, Cedar Hills, East Newton,  Bear Creek Green Timbers, Queen Mary Park Surrey etc

This West Surrey Real Estate Market update includes the sub areas Cedar Hills, Queen Mary Park Surrey, Bear Creek Green Timbers, East Newton, West Newton etc.

  "Call me for coffee  ... 778-374-3744 anytime! Bill  See my Website

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

Ladner, South Delta, Real Estate Market Update Report

 

 

Real Estate Market Analysis Reports
  
  W. Surrey, E. Surrey, N. Delta 

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.
  %%IPAGE583626

West Surrey Real Estate Market Update Report.

 

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.

  Registration for Monthly and Bi-Monthly Market Reports

  Vancouver and FV Market Reports and Forecasts

 

  Developers, Investors, Realtors or Financial Advisers.

  • Now you can be informed of the market changes as they happen.
    • Now you can receive bi-monthly updates.=
       
  • Each month we analyze the Real Estate Supply and Demand for 22 cities in the lower mainland: Vancouver to Chilliwack and we make the forecasts for the following month or more.

   Membership   Free,                 (Sponsored Realtors  Click here )

This is a free service to over 5 million viewers today!!! (

Request


*Full Name:
          
*Company:
          
*Email:
          
*City:
          

Hot New Listings

 

 Vancouver.real.estate.investments #温哥华房地产投资
 Real Estate
Market Reports

Index

  Members Login
DiscountOverlist Stats

Adian's Blog: news on Baby Boomers retirement issues  Click here

RE/MAX Market Share Reports REMAX

Vancouver.real.estate.investments #温哥华房地产投资

Bill Coughlin
EXP Realty

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

call me
1-778-374-3744

Coughlinb@gmail.com

25369 Dewdney Trunk 214 2855 156 St 43100 Frost Rd 214 33165 2nd Ave 12341 212 St 5341 256 35225 Dale Rd 2460 Lindale St

201 CNR ROW
Ashcroft

20924 Hunter Pl 65574 Dogwood Dr 9049 Manzer St 26220 126 Ave 31585 Clearview Cres 33320 Tree Top Terrace Stave Lake 4791 256 St Hayward Lake Estates CTM/VREI 43250 Old Orchard 8415 Cessna Dr 12128 256 St 21417 16 Ave  Hayward Lake Estates HWLE

Bill Coughlin
"Realtor and Lifestyle Consultant"

1-778-374-3744 cell
1-888-539-4664
Toll free

Coughlinb@gmail.com
CoughlinTeam.com  

EXP Realty
Serving the Greater Vancouver Cities 

Number of visits on this page: 24,214. Number of visits on this site: 10,840,445.