Fraser Valley Real Estate, Market Summary - November 2022
November 2022 Key Statistics & Summary Link
AVERAGE HOME PRICE INDEX: $975,400
MEDIAN DAYS ON MARKET: 21
SALES-TO-ACTIVE RATIO: 16% (BALANCED MARKET)
“Rate hikes have effectively put many buyers and sellers in a holding pattern, we’re still seeing relatively quick turnover for all housing categories, indicating robust opportunities for properties that are strategically priced.”
