📞 Book a call/meeting at a time convenient to you - https://calendly.com/andyschildhorn
Exciting news from the Fraser Valley real estate market!
🌷🏠 Inventory levels have surged to their highest point in almost five years, creating fantastic opportunities for both buyers and sellers. With spring in full swing, now's the perfect time to explore what's available and make your move.
Here's a quick snapshot of what's happening:
📈 Active listings increased by 8% from April to May, marking a whopping 42% jump compared to May 2023.
📉 Sales remained seasonally slow but are still contributing to a balanced market.
🏠 New listings softened slightly, creating a well-balanced market with a sales-to-active listings ratio of 19%.
And there's more good news! Benchmark prices in the Fraser Valley remained relatively stable in May, providing some relief for buyers.
Got questions? Need advice? Don't hesitate to reach out. We're here to make your real estate journey as smooth as possible. Happy house hunting!
👉 Need Help? If you have questions or need help purchasing your home, book a time and let's chat through the link below.
📞 778.835.8957 - https://calendly.com/andyschildhorn
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Your Langley and Fraser Valley Realtor.
Thanks for watching, and see you next week!
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