East Surrey Housing Market Forecasts and Trends

 


  East Surrey Real Estate Market Reports and Forecasts 

East Surrey Market Update Report

Fraser Heights, Fleetwood Tynehead, Panorama Ridge, Sullivan Station, Guildford and all the sub-areas of East Surrey Real Estate Market Update Report.

      What are East Surrey's Best and Worst Investments?

Archive Peak to Date Changes

May 1, 2023

gas gauge

Current:  East Surrey is in a Seller's Market with 21 %SOLD rate, 11 DOM and 99% Sell/List Ratio.
                      (This means that there is an average (m) of a $20,000 decrease from the original list price)

Most Active Range: Homes below $1.5 mill. have 46.2 % SOLD rate.
Least Active Range: Homes between $2.3 mill.-$3.2 mill. have 6.8 %SOLD rate.

History: The Surrey East Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $397,785
               The Surrey East Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $269,849.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: East Surrey has an average Listing Supply; 249 homes are for sale and with the 21 %SOLD  monthly rate gives us ~6 months of inventory. 3% of the active listings have reduced their price by $55,115 on average and $48,060 on median in the last month. We project East Surrey to be a continued Seller's market.

Greater Vancouver April 2023:

In April, the Greater Vancouver Single-Family Homes increased by a  monthly average price of $11,259. This is the 3rd consecutive monthly price increase.  Last years buyers that waited for the market bottom are actively buying now. We continue to forecast a Seller's market for the next 6 weeks before stabilizing. 

Currently, the Condo and Townhouse Markets continue to be in a Seller's Market, with average price increases of $8,861 and $8,587, respectively. Every Saturday at noon, we analyze 97 different City's House Price Indices and present the MOST ACCURATE Market Trends to you. 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 April 2023:

The Fraser Valley's Real Estate is heating up with 83% of the Detached Market increased home prices.  Single Family Homes Average Price increased by $36,449 in April. This is twice the increase of the $17,585 that we saw the month earlier. Last years buyers that waited for the market bottom are actively buying now. We forecast a Seller's market for the next 10 weeks before stabilizing. 

Currently, the Condo and Townhouse Markets continue to be in a Seller's Market, with average price increases of $8,486 and $17,215, respectively. Every Saturday at noon, we analyze 97 different City's House Price Indices and present the MOST ACCURATE Market Trends to you. 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)

 

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We thank Bill Coughlin for his support of these East Surrey Real Estate Market Updates which include sub-areas such as Panorama Ridge, Fraser Heights, Fleetwood Tynehead, Sullivan Station, Guildford etc. Contact Bill as the Local Expert..... more details.

Sullivan Station, Guildford, Panorama Ridge, Fraser Heights, Fleetwood Tynehead and all the sub-areas of East Surrey Real Estate Market Update Report.

Sullivan Station, Guildford, Panorama Ridge, Fraser Heights, Fleetwood Tynehead and all the sub-areas of East Surrey Real Estate Market Update Report.

Sullivan Station, Guildford, Panorama Ridge, Fraser Heights, Fleetwood Tynehead and all the sub-areas of East Surrey Real Estate Market Update Report.

Sullivan Station, Guildford, Panorama Ridge, Fraser Heights, Fleetwood Tynehead and all the sub-areas of East Surrey Real Estate Market Update Report.

Download the full East.Surrey.Marketupdatereport.PDF

The sub areas of East Surrey are Panorama Ridge, Fraser Heights, Fleetwood Tynehead, Sullivan Station, Guildford etc

The sub areas of East Surrey are Panorama Ridge, Fraser Heights, Fleetwood Tynehead, Sullivan Station, Guildford etc

The sub areas of East Surrey are Panorama Ridge, Fraser Heights, Fleetwood Tynehead, Sullivan Station, Guildford etc

The sub areas of East Surrey are Panorama Ridge, Fraser Heights, Fleetwood Tynehead, Sullivan Station, Guildford etc

This East Surrey Real Estate Market update includes the sub areas Sullivan Station, Guildford, Panorama Ridge, Fraser Heights, Fleetwood Tynehead 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

 

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.

North Delta, 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.

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