Fraser Valley Real Estate, Market Summary - August 2022
August 2022 Key Statistics & Summary Link
AVERAGE HOME PRICE INDEX: $1,042,600
MEDIAN DAYS ON MARKET: 21
SALES-TO-ACTIVE RATIO: 18% (BALANCED MARKET)
“With the Fraser Valley continuing to settle after months of record sales and prices, we expect to see more activity this coming fall as buyers look to capitalize on the region’s reputation for providing greater value for the real estate dollar.”