Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley and Fraser Valley listings and sales in February 2016.
In February 2016, there were 107 sales of detached homes and 168 active listings in North Surrey. The benchmark sale price was $711,400, an increase of 26.9% compared to February 2015.
The condo market had 73 sales, 349 active listings at the end of the month. The benchmark sale price was $204,700.
In comparison, townhome sales were 36, active listings were 62 and the benchmark sale price was $267,400.
Listings are down. Sales are up. It’s a seller’s market.