Fraser Valley Real Estate, Market Summary - May 2022
Summary & Key Statistics
The FVREB saw 3,423 new units for May 2022, down year over year 7.8%. Sales were also down 53.8% year over year.
AVERAGE HOME PRICE INDEX: $1,167,300
MEDIAN DAYS ON MARKET: 10
SALES-TO-ACTIVE RATIO: 23% (Seller’s Market to Balanced)