August 2021 - Fraser Valley Real Estate Market Snapshot

from August 2021 - Fraser Valley Real Estate Market Snapshot

SINGLE FAMILY

CURRENTLY IN THE FRASER VALLEY REAL ESTATE BOARD IT IS A SELLERS MARKET FOR SINGLE FAMILY STYLE HOMES.

778 Single Family style homes sold in the Fraser Valley Real Estate Board in August 2021. This represents an increase of 13 unit sales, or 2% when compared to the 765 sales observed last month. When comparing the current month's sales (778 sales) to the 877 sales observed in August of 2020, sales have decreased by 99 units, or -11%.

1410 Single Family style homes were available for purchase in the Fraser Valley Real Estate Board in August 2021; this represents a decrease of 339 units, or -19% when compared to the 1749 units observed in inventory last month. When comparing this months inventory (1410 units) to the 2564 units of available inventory observed in August of 2020, inventory has decreased by 1154 units, or -45%.

TOWNHOME

CURRENTLY IN THE FRASER VALLEY REAL ESTATE BOARD IT IS A SELLERS MARKET FOR TOWNHOME STYLE HOMES.

510 Townhome style homes sold in the Fraser Valley Real Estate Board in August 2021. This represents an increase of 31 unit sales, or 6% when compared to the 479 sales observed last month. When comparing the current months sales (510 sales) to the 516 sales observed in August of 2020, sales have decreased by 6 units, or -1%.

544 Townhome style homes were available for purchase in the Fraser Valley Real Estate Board in August 2021; this represents a decrease of 155 units, or -22% when compared to the 699 units observed in inventory last month. When comparing this months inventory (544 units) to the 1250 units of available inventory observed in August of 2020, inventory has decreased by 706 units, or -56%.

CONDOMINIUM

CURRENTLY IN THE FRASER VALLEY REAL ESTATE BOARD IT IS A SELLERS MARKET FOR CONDOMINIUM STYLE HOMES.

600 Condominium style homes sold in the Fraser Valley Real Estate Board in August 2021. This represents an increase of 43 unit sales, or 8% when compared to the 557 sales observed last month. When comparing the current months sales (600 sales) to the 422 sales observed in August of 2020, sales have increased by 178 units, or 42%.

912 Condominium style homes were available for purchase in the Fraser Valley Real Estate Board in August 2021; this represents a decrease of 233 units, or -20%, when compared to the 1145 units observed in inventory last month. When comparing this months inventory (912 units) to the 1808 units of available inventory observed in August of 2020, inventory has decreased by 896 units, or -50%.