3 Bed(s), 3 Bath(s), 1288 Sqft. $487,500 Greyfriars Realty Ltd.
2 Bed(s), 2 Bath(s), 1152 Sqft. $299,500 Greyfriars Realty Ltd.
Bed(s), Bath(s), Sqft. $1,495,000 Greyfriars Realty Ltd.
5 Bed(s), 3 Bath(s), 2699 Sqft. $1,188,000 Greyfriars Realty Ltd.
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
Another month, another record for property sales in the Fraser Valley
March 2, 2021
SURREY, BC – For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100‐year history of the Fraser Valley Real Estate Board (FVREB).
In February, the FVREB processed a total of 2,815 sales on its Multiple Listing Service® (MLS®), an increase of 108 per cent compared to February 2020 and 64 per cent more than were processed in January 2021. To provide a historical perspective, sales in February were 88 per cent above the 10‐year average for that month; and 18 per cent higher than the previous record of 2,387 sales in February 2016.
Chris Shields, President of the Board said of this month’s record numbers, “This is new territory for us. We have never seen such consistent and persistent demand for housing in the Fraser Valley.
“What’s fueling the demand is the combination of record‐low interest rates and the response to the pandemic. It’s not something that could have been predicted and it has created a very complex market for buyers that requires the knowledge and expertise of a professional. For family‐sized homes, prices climbed 3 to 5 per cent in February alone and sold on average in three weeks. We understand the stress and frustration with the market currently and we’re here to help guide and protect home buyers.”
The Board received 3,265 new listings in February, an increase of 28 per cent compared to February of last year, placing it second highest for February for new listings in the last decade. The total active inventory for February was 4,120, down 28 per cent from last year’s 5,741 active listings, and the lowest ever for the month.
Baldev Gill, Chief Executive Officer of the Board, added, “We know more people are choosing to move to the Fraser Valley right now because they’re seeking more usable space, a better quality of life, and they recognize that their housing dollar goes further. The challenge is selection. We anticipate as the vaccination roll‐out accelerates, confidence to list will increase and we’ll see inventory return to more normal levels. In the meantime, REALTORS® will continue to ensure consumer safety is at the forefront of all home viewings and transactions.”
Across Fraser Valley, in February, the average number of days to sell a single‐family detached home and a townhome was 21 days. Apartments took on average 35 days to sell.
MLS® HPI Benchmark Price Activity
Single Family Detached: At $1,163,400, the Benchmark price for an FVREB single‐family detached home increased 5.1 per cent compared to January 2021 and increased 19.9 per cent compared to February 2020.
Townhomes: At $600,300, the Benchmark price for an FVREB townhome increased 3.4 per cent compared to January 2021 and increased 10.1 per cent compared to February 2020.
Apartments: At $450,900, the Benchmark price for an FVREB apartment/condo increased 2.5 per cent compared to January 2021 and increased 5.3 per cent compared to February 2020.
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