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Open House. Open House on Sunday, January 20, 2019 2:00PM - 4:00PM
Parking and access at the rear of the building.
Please visit our Open House at 415 5430 201 ST in Langley.
Open House on Sunday, January 20, 2019 2:00PM - 4:00PM Parking and access at the rear of the building.
Georgie Award winning "Sonnet"- TOP FLOOR PENTHOUSE corner unit in the heart of Langley. Open concept 1,150 sq/ft home features F/P, 9' crown moulded ceilings & vaulted living room. Large kitchen w/granite countertops, quality cabinets w/under cabinet lighting, black appliances, garburator & breakfast bar. Windows galore facing south, west & north. Master bedroom with AIR CONDITIONER accommodates a king size bed w/access to large Walk thru closet. Ensuite soaker tub & separate shower. BONUS large private 2 car double garage within the general underground parking. NO units beside, or above, only below. Very Private unit. Open House Sun Jan 20th 2-4 P.M
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New property listed in Langley City, Langley
I have listed a new property at 415 5430 201 ST in Langley.
Georgie Award winning "Sonnet"- TOP FLOOR PENTHOUSE corner unit in the heart of Langley. Open concept 1,150 sq/ft home features F/P, 9' crown moulded ceilings & vaulted living room. Large kitchen w/granite countertops, quality cabinets w/under cabinet lighting, black appliances, garburator & breakfast bar. Windows galore facing south, west & north. Master bedroom with AIR CONDITIONER accommodates a king size bed w/access to large Walk thru closet. Ensuite soaker tub & separate shower. BONUS large private 2 car double garage within the general underground parking. NO units beside, or above, only below. Very Private unit.
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Fraser Valley housing market slows down in 2018

SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw the Fraser Valley real estate market return to more typical levels for both sales and inventory.

The Board’s Multiple Listing Service® (MLS®) processed 15,586 sales in 2018, a 30.2 per cent decrease compared to 2017’s 22,338 sales and the lowest total sales for the Fraser Valley since 2013. The total dollar volume of MLS® transactions for the year was $11.8 billion, dropping from $15.7 billion sold during the year prior.

Of the total transactions that took place in 2018, 3,866 were townhouses and 4,296 were apartments. Each of those property types saw a significant decrease in sales compared to 2017, with total townhouse sales dropping 25.6 per cent year-over-year and apartments dropping 30.5 per cent.

“In terms of demand, this is around what we’re used to seeing for our region,” said John Barbisan, President of the Board. “There is still a great deal of interest for Fraser Valley real estate, but with prices moving slowly and more inventory becoming available, many consumers are taking a deliberate approach now that they can afford to.”

For inventory, a total of 32,058 new listings were received by the Board’s MLS® system in 2018. This was the fourth highest total for new inventory in the Board’s history.

In December the Board processed a total of 800 sales, the lowest for the month since 2012. Inventory in December finished at 5,454 active units, with a total of 978 new listings entering the market throughout the month.

Barbisan adds, “With buyers shifting into the driver's seat and able to navigate the market more comfortably, it has become key for sellers to price effectively and leverage their home’s appeal to stand out and find success.”

“If you’re looking to enter the market in 2019, buying or selling, contact a local REALTOR® who can help you accomplish your goals in the new year.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.