Detached Home Sales DOUBLE | The Surrey Report

Now that we have entered the summer market here in the Fraser Valley, the speed at which homes are selling is starting to slow and we are seeing far fewer competing offer situations for buyers, which is a very, very good thing. Having said that, the sale of Surrey detached homes DOUBLED in June 2023 compared to June 2022.

In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the June 2023 stats for the City of Surrey and offers his insight into what he is currently seeing in the market. As with every Surrey Report, the team also breaks down the June 2023 benchmark stats for the City of Surrey.

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

🏠 Detached = $1,665,200 (-6.3%)
🏘 Townhomes = $890,000 (-1.2%)
🌆 Condos = $555,100 (-0.1%)

#SurreyRealtor #SurreyRealEstate #SurreyRealEstatePrices

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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.