Fraser Valley: Sales in December were down 14.6%, compared to November and were up 20% from December 2023. New listings were down 48% from November and up 41.4% from December 2023.The average price was up 3% month-over-month and is up 10.3% year-over-year. Active listings were down 27.1% to 5,392 from 7,400 last month and up 20.5% from November 2023 which was at 4,476. Month’s supply of total residential listings is down to 6 months from 7 months (balanced market conditions).
Month-over-month, the house price index is down 0.5% and in the last 6 months down 3.7%.

Maple Ridge: Total Units Sold in December were 112 - down from 116 (3%) in November, down from 143 (22%) in October, up from 100 (12%) in December 2023, up from 78 (44%) in December 2022, down from 159 (30%) in December 2021, down from 214 (48%) in December 2020, and down from 130 (14%) in December 2019; Active Listings were at 611 at month end compared to 579 at that time last year (up 5%) and 765 at the end of November (down 20%); the 90 New Listings in December were down 59% compared to November 2024, down 11% compared to December 2023, up 38% compared to December 2022, down 17% compared to December 2021, down 45% compared to December 2020, and down 14% compared to December 2019. Month’s supply of total residential listings is down to 5 month’s supply from 7 (balanced market conditions) and sales to listings ratio of 124% compared to 52% in November 2024, 98% in December 2023, and 120% in December 2022.



Month-over-month, the house price index is up 0.4% and in the last 6 months down 1.8%. 


RSS

I have sold a property at 6905 205 ST in Langley

I have sold a property at 6905 205 ST in Langley. See details here

Builders alert! Incredible investment! Development Opportunity with views on .95 acres in Willoughby. The Official Community Plan (OCP), designated up to 6-8 detached houses (3,500 - 4,000 sqft lots - verify with Township) could be built on the property. The lot is surrounded by new developments, shopping, schools and parks. Existing home is custom built and in excellent condition that could easily be lived in or rented out while planning for development.This is a rapidly growing community. Call today for more information! Please do not walk on property.

Read