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    Real Estate statistics are out and it's the HOTTEST Summer in 4 years for the Fraser Valley!

    Posted by Michele Cummins on July 10, 2014
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    I love living in the Fraser Valley and there's not enough creative and beautiful words I can come up with for calling British Columbia my home. It truly is the best place to reside. Selling Real Estate for the past 11 years, I've had a lot of clients that travel the world and have homes in mutliple countries but it never fails that every one of them say to me, "Michele, I love it here, British Columbia is my favorite place to call home". Isn't that beautiful! Well, the market has been beautiful as well....HOTTEST Summer in 4 years! You can see it driving through Mission or Abbotsford and Langley seeing all the For Sale signs turn to Sold signs! Sold - Sold - Sold! That's what we all like seeing. Welcome Sun, Welcome Sold!


    The below average 'selling' prices have been taken straight from the MLS system of the Fraser Valley Real Estate Board, the Chilliwack Real Estate Board & the Greater Vancouver Real Estate Board:


    Average selling price overall in the Lower Mainland - $568,000


    From highest selling price to lowest selling price from Detached, Townhouse to Condo (DOM=Days on Market to sell)


    Vancouver -    $1,370.00 DOM, 34 $553,000 DOM, 38     $462,000  DOM, 43

    Surrey -          $582,000  DOM 51   $323,000 DOM 36     $230,000, DOM 65

    Langley -        $577,000  DOM 34   $291,000 DOM 45     $213,000  DOM 61

    Delta -            $557,000  DOM 28   $312,000 DOM 8 

    Maple Ridge - $490,000  DOM 52   $303,000 DOM 54    $183,000   DOM 67

    Abbotsford -   $445,000  DOM 33   $213,000 DOM 43    $139,000   DOM 66

    Mission -        $361,000  DOM 37   $219,000 DOM 94    $158,000   DOM 88

    Chilliwack -    $340,000   DOM 62   $253,000 DOM 68    $150,000   DOM 89


    The above information is average because it takes everything into account such as brand new and old, renovated and delapetated. So if you would like a Free, no obligation property evalution of your property, feel free to ask and I am happy to view your property and give you specific market information, data and a price of your property in todays market. 


    Now go out there and have a fantastic Summer day and thanks for stopping by!