State Of The Fraser Valley Real Estate Market | January 2023

What is the Fraser Valley Real Estate Market looking like in January 2023?

In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty does his monthly walk through of the most recent FVREB market stats to review months of inventory in some key neighbourhoods in an effort to gain a clearer picture in terms of whether the market in each region is now a sellers, balanced or buyers market. Steve also covers sales and new active listing numbers to provide you an even clearer picture of the state of the real estate market in your area.

As with every Surrey Report, the team also breaks down the December 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy):

🏠 Detached = $1,510,400 (-8.5%)
🏘 Townhomes = $812,200 (-3.4%)
🌆 Condos = $502,600 (-1.8%)

#SurreyRealtor #SurreyRealEstate #FraserValleyRealEstate

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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.