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Andy Talks Real Estate 🦃 Real Estate Market Insights

Andy Schildhorn • October 21, 2024

📅 Book a convenient time to discuss your real estate plans: https://calendly.com/andyschildhorn

 

🍁 Thanksgiving in Langley:

This special Thanksgiving edition discusses what we’re grateful for, from community support to local businesses, and highlights upcoming events like the Cranberry Festival in Fort Langley.

 

📊 October 1st Market Trends:

As of October 1st, the real estate market continues to see a rise in inventory while sales remain slow. With 8.1-9.2 months of inventory, we’ve officially entered a buyer’s market across the Fraser Valley. Detached homes are seeing price declines, while condos and townhomes stay relatively stable. If you're considering buying, now is a great time to take advantage of the current market conditions.

 

📈 Key Market Insights:

September showed a 21% increase in listings, with total inventory up 39% compared to last year. Sales have slowed, but with interest rate announcements and the election approaching, we expect to see a potential shift in the coming weeks.

 

Want to learn more or have questions? I'm just a call or message away!

 

🔗 Connect with me: 

📞 Call/Text: 778.835.8957

📧 Email: [email protected]

🌐 Website: www.andytherealtor.com

💬 Book a call: https://calendly.com/andyschildhorn


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