Joanne made the selling of our home and purchase of a new home simple and worry free. She handled all the details and worked with us closely to ensure were aware of all our options and most importantly kept our stress levels to a minimum with her professionalism. I would recommend her and her team to anyone buying or selling.
Chris & Carol Miller
We used Joanne to handle the sale of my father's home. My Dad is aging and Joanne was very supportive in our needs to have Dad settled first (actually insisted it was the way to go) and to make sure he was in a good place prior to putting his home up for sale. She was never pushy or aggressive in getting the house ready for sale and repeatedly told us to just make sure everything was good on our end. We found her to be professional and respectful of our needs. We are very happy with Joanne and her team and would not hesitate to use her services again.Jim Szili
Joanne worked very hard trying to find us a suitable home that met our needs for the future....and it wasn't an easy task. The listing she found is perfect....we were able to downsize to a townhouse that still had the "detached house" ambience...complete with a private backyard and garden (but without the maintenance). She also gave us suggestions on what we needed to do to improve the curb appeal of our previous house so that we were able to sell it in a short period of time. I would certainly use her services again should I ever decide to move in the futurePam Mihic
Record‐shattering December caps unexpected year in Fraser Valley real estate
January 5, 2021
SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID‐19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10‐year average due to unrelenting, pent‐up consumer demand during the second half of 2020.
In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering 2,086 sales, the strongest December on record and 81.2 per cent above normal for the month. New listings in December, were the second highest on record at 1,502. By month’s end, active inventory finished below typical levels, at 3,949 units.
The total sales volume for the year in Fraser Valley was 19,926; an increase of 28.7 per cent compared to 2019’s 15,487 sales and placing it fourth highest for annual sales since 2011.
In 2020, sales of the three main residential property types were as follows: 8,176 single‐family detached; 5,102 townhouses; and 4,357 apartments. Year‐over‐year, sales of detached soared by 41.7 per cent compared to 2019; townhome sales increased by 31.2 per cent and sales of apartments increased by 5.9 per cent.
Chris Shields, President of the Board, observes, “The pandemic upended everything in 2020 and how the real estate market responded to it was nothing short of remarkable. No one could have anticipated a six‐month stretch like we’ve just experienced. Typical seasonal cycles did not apply, how we conduct business had to change to keep the public safe; and most unexpected, has been the unwavering demand for family‐sized homes in our region and so far, there is no sign of it slowing down.”
A total of 31,693 new listings were received by the Board’s MLS® in 2020, an increase of 3.7 per cent compared to 2019. As with annual sales, 2020 saw the fourth highest volume of new inventory for the Board in the last decade.
Baldev Gill, Chief Executive Officer of the Board, adds, "Although listing volumes appear healthy, our region’s current overall inventory is 28 per cent below normal. For those who have been thinking of selling but have held off due to the pandemic, the industry has mastered how to keep consumers safe using technology and strictly following provincial health guidelines. Ask your REALTOR® if now is a prudent time to list because the market currently is favouring sellers.”
MLS® HPI Benchmark Price Activity
Single Family Detached: At $1,079,500, the Benchmark price for an FVREB single‐family detached home increased 1.7 per cent compared to November 2020 and increased 13.3 per cent compared to December 2019.
Townhomes: At $576,200, the Benchmark price for an FVREB townhome increased 1.1 per cent compared to November 2020 and increased 6.9 per cent compared to December 2019.
Apartments: At $438,300, the Benchmark price for an FVREB apartment/condo increased 0.6 per cent compared to November 2020 and increased 4.7 per cent compared to December 2019.
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