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

Apr 1, 2024

gas gauge

Current:  East Surrey is in a Stable Market with 12 %SOLD rate, 10 DOM and 98% Sell/List Ratio.
                      (This means that there is an average (m) of a $15,000 decrease from the original list price)

Most Active Range: Homes below $1.5 mill. have 21.6% SOLD rate.
Least Active Range: Homes above $3.2 mill.have 1.6 %SOLD rate.

History: The Surrey East Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $49,776.
               The Surrey East Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $84,566.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: East Surrey has an average Listing Supply; 332 homes are for sale and with the 12 %SOLD  monthly rate gives us ~8 months of inventory. 5% of the active listings have reduced their price by $91,223 on average and $59,000 on median in the last month. We project East Surrey to be a continued Stable market.

Greater Vancouver February 2024:

The average monthly cost for single-family detached homes has risen by $18,256, marking a slight decrease from February's average price of $20,376. Despite the difficulties caused by higher borrowing costs, rising prices, and the limited availability of listings, we predict that the real estate market will favor sellers for the next six weeks.

In Vancouver's condo market, 67% of condos have experienced an average price decrease of $8,951. Conversely, the average price of townhouses has climbed to $10,973, we are forcasting a continued Sellers Market.

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley February 2024:

The average monthly cost for single-family detached homes has risen by $13,015, marking a slight decrease from February's average price of $19,686. Despite the difficulties caused by higher borrowing costs, rising prices, and the limited availability of listings, we predict that the real estate market will favor sellers for the next six weeks.

In Fraser Valley's condo market, 75% of condos have experienced an average price decrease of $3,434. Conversely, the townhouse market's average price has climbed to $9,716, we are forcasting a continued Sellers Market.

For the latest and most accurate market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the performance of winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, feel free to reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 


   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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