Welcome to the Fraser Valley Real Estate Market December 2024 update. Staying informed about real estate trends is vital for making confident decisions in buying, selling, or investing. Below, we share insights into detached and attached property trends across Surrey, Langley, South Surrey White Rock, Abbotsford, Mission, and Cloverdale.
Surrey Housing Trends – Fraser Valley Real Estate Market December 2024
- Detached Homes: Surrey’s detached housing market is a buyer’s market with a 10% sales ratio. Properties priced between $1M–$1.25M are in high demand, particularly in Sullivan Station (24% sales ratio). Buyers should consider homes in Cedar Hills priced at $2.5M–$2.75M. For detailed data, visit SnapStats.
- Attached Homes: The attached market in Surrey remains balanced with a 16% sales ratio. Fraser Heights and Guildford show strong demand, especially for 3-bedroom townhomes. Learn more about Surrey trends from the Fraser Valley Real Estate Board.
South Surrey White Rock Market Highlights
- Detached Properties: In the South Surrey White Rock housing market, detached homes show balanced activity with a 15% sales ratio. Properties in the $1.25M–$1.5M price range are in high demand. Visit SnapStats for up-to-date details.
- Attached Properties: A seller’s market prevails with a 23% sales ratio. The most active price range is $600,000–$700,000, with King George Corridor and Morgan Creek being hotspots. Explore trends at the Fraser Valley Real Estate Board.
Langley Real Estate Overview – December 2024
- Detached Homes: Langley’s detached market is a seller’s market, with a 21% sales ratio. Fort Langley has an impressive 160% sales ratio for homes priced $1M–$1.25M. Visit SnapStats for detailed market reports.
- Attached Homes: Langley’s attached housing market also favors sellers with a 29% sales ratio. Condos in Aldergrove and Murrayville are particularly sought after. Find out more via the Fraser Valley Real Estate Board.
Abbotsford Real Estate Market Trends
- Detached Properties: The Fraser Valley Real Estate Market December 2024 shows a balanced detached market in Abbotsford, with an 18% sales ratio. The $900,000–$1M price band sees the highest activity, especially in Central Abbotsford. Get details at SnapStats.
- Attached Properties: A seller’s market dominates, with a 30% sales ratio. One-bedroom properties in Central Abbotsford and Poplar are highly desirable. Refer to the Fraser Valley Real Estate Board for additional data.
Mission Housing Market Update
- Detached Homes: The Mission detached housing market is a buyer’s market with an 8% sales ratio. Properties in the $900,000–$1M price range show the strongest activity, especially in Hatzic. Learn more at SnapStats.
- Attached Properties: A balanced market with a 10% sales ratio. Two-bedroom condos in Mission West remain a popular choice. Stay informed with the Fraser Valley Real Estate Board.
Stay Updated with Fraser Valley Real Estate Market Insights
Understanding the Fraser Valley Real Estate Market December 2024 trends can help you make informed decisions. Whether you’re buying, selling, or investing, reach out to Jared Gibbons, your trusted real estate advisor. Visit jaredgibbons.ca or email jaredgibbons@royallepage.ca for tailored advice.