So you may have heard that this June has been the slowest it has been since 2000!
What does that mean for you?
If you are a Seller, it means pricing your home sharp, at market value so that you are not CHASING the market as it goes down. For Buyers, it means you have A LOT of inventory to go through.
Every client has different needs, so it is important to sit down and have a discussion as to what your plan is. From there, we can figure out what works best for you and your family.
Some areas to keep an eye out for
* Sales to Active Ratio – #units sold/# units for sale in an area
Benchmark Prices in June 2018 were at $1,238,000
Benchmark Prices in June 2019 are $1,002,500
*** Queens Park and Sapperton are in a buyers market with <12% sales to active ratio*
Benchmark Prices in June 2018 were at $1,001,250
Benchmark Prices in June 2019 are $917,000
***Mary Hill is in a buyers market
Benchmark Prices in June 2018 were at $1,060,000
Benchmark Prices in June 2019 are $950,000
***Campbell Valley, Langley City and For Langley are in a buyers market.
For details on any other area, please contact me and I can send you specifics on your neighbourhood