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Posted in Sardis East Vedder, Sardis Real Estate
Open House. Open House on Sunday, June 30, 2024 12:30PM - 2:30PM

Please visit our Open House at 46075 STEVENSON RD in Chilliwack. See details here

Open House on Sunday, June 30, 2024 12:30PM - 2:30PM

LIVING LARGE on Stevenson road! Great location in East Sardis! This 3407 sq ft 2 storey with basement home sits on a 8451 sq ft lot. Large enough for the whole family plus a basement suite for extra income or in law suite with a separate entrance. Major renovations were done in the basement in 2023. On the main you have the kitchen, dining room, living area, den, laundry and 2 piece bath. Open concept with vaulted ceilings and large windows overlooking a fenced backyard and a 20x 14 sundeck. Above the main are 4 bedrooms, with a large W /I closet and 5-piece ensuite with a 6' soaker tub in the primary bedroom. Lots of room to build a shop plus parking for 8 and room for the RV. Close to shopping, restaurants, all amenities, parks, and schools. Call today!

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Posted in Chilliwack Mountain, Chilliwack Real Estate
Open House. Open House on Saturday, June 22, 2024 12:30PM - 2:30PM

Please visit our Open House at 139 8590 SUNRISE DR in Chilliwack. See details here

Open House on Saturday, June 22, 2024 12:30PM - 2:30PM

VIEW! VIEW! VIEW! This is a rare END UNIT folks! We have a 2869 sq ft rancher/bsmt townhouse with panoramic mountain and valley views! Take in the vaulted ceilings and open concept living with engineered hardwood flooring on the main. The white kitchen has granite counters, high end S/S appliances plus custom built pull out, soft close drawers with accent lighting. The primary bedroom is on the main, with a W/I closet, power blinds & a 5 piece ensuite. The bsmt has it's own entry and private patio, 2 large bedrooms, family room and media room with surround sound, amplifier & TV, all included. All closets and cupboards are custom built. Two gas fireplaces, one up & one down and custom Low-E blinds throughout. Pets & kids welcome. Enjoy your garden set up on drips and timer. Don't wait!

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Posted in Central Abbotsford, Abbotsford Real Estate
New property listed in Central Abbotsford, Abbotsford

I have listed a new property at 309 33490 COTTAGE LANE in Abbotsford. See details here

PEACEFUL COTTAGE LANE! This 2 bedroom, 1 bath unit is 980 sq ft in the central area of Abbotsford. TOP FLOOR & SOUTH FACING. Close proximity to the Hospital & Cancer Clinic, all forms of shopping, restaurants & cafes, gas stations, fitness centre, Cabelas, the University of the Fraser Valley, Costco and Sumas border. Age restricted building of 55+, no pets allowed. Heat, hot water, management, gardening, garbage, caretaker, amenities room, all included in the strata fees of $403.36/m. This building is well maintained and quiet with great neighbours. Fast possession available, come view it today!

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Posted in Chilliwack Mountain, Chilliwack Real Estate
Open House. Open House on Saturday, June 15, 2024 12:30PM - 2:30PM

Please visit our Open House at 139 8590 SUNRISE DR in Chilliwack. See details here

Open House on Saturday, June 15, 2024 12:30PM - 2:30PM

VIEW! VIEW! VIEW! This is a rare END UNIT folks! We have a 2869 sq ft rancher/bsmt townhouse with panoramic mountain and valley views! Take in the vaulted ceilings and open concept living with engineered hardwood flooring on the main. The white kitchen has granite counters, high end S/S appliances plus custom built pull out, soft close drawers with accent lighting. The primary bedroom is on the main, with a W/I closet, power blinds & a 5 piece ensuite. The bsmt has it's own entry and private patio, 2 large bedrooms, family room and media room with surround sound, amplifier & TV, all included. All closets and cupboards are custom built. Two gas fireplaces, one up & one down and custom Low-E blinds throughout. Pets & kids welcome. Enjoy your garden set up on drips and timer. Don't wait!

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Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years

Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley in May, creating more balanced market conditions for home buyers and sellers. The increase in supply over the past several months has further contributed to a softening of price growth, which is good news for buyers.

Active listings increased eight percent from April to May to 7,904 — up 42 percent over May 2023 and 19 percent above the 10-year average.

Sales, however, remained seasonally slow, with 1,517 transactions on the Fraser Valley Real Estate Board’s Multiple Listings Service ® (MLS®) in May, up 3 percent from April, but down 11 percent compared to May 2023. May sales were 21 percent below the 10-year average.

“We are seeing an influx of inventory this spring, primarily due to slower than usual spring sales,” said Jeff Chadha, Chair of the Fraser Valley Real Estate Board. “Growing inventory levels are helping to create a healthy balance in the market, giving buyers more options, especially as prices continue to flatten.”

 New listings softened in May, down five percent from April, to 3,760. With a sales-to-active listings ratio of 19 percent, overall market conditions are balanced. The market is considered balanced when the ratio is between 12 percent and 20 percent.

“While the consensus seems to indicate rate cuts in the latter half of the year, there is considerably less agreement about either magnitude or timing,” said FVREB CEO Baldev Gill. “We strongly encourage buyers to have comprehensive discussions with their REALTORS® about market conditions and how they will impact mortgage rates in the coming year.”

The average number of days townhomes and single-family detached homes are spending on the market increased slightly in May. Detached homes are spending 25 days on the market, up from 23 in April. Townhomes are spending 20 days on the market, up one day from April, and condos remain steady at 23 days on the market.

Benchmark prices in the Fraser Valley remained flat in May, with the composite Benchmark price down 0.2 percent from April and down 0.8 percent from May 2023.

 MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,530,200, the Benchmark price for an FVREB single-family detached home increased 0.2 percent compared to April 2024 and increased 2.9 percent compared to May 2023.

  • Townhomes: At $853,800, the Benchmark price for an FVREB townhome decreased 0.03 percent compared to April 2024 and increased 3.4 percent compared to May 2023.

  • Apartments: At $555,100, the Benchmark price for an FVREB apartment/condo decreased 0.1 percent compared to April 2024 and increased 2.9 percent compared to May 2023.

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Posted in Chilliwack Mountain, Chilliwack Real Estate
Open House. Open House on Saturday, June 8, 2024 1:00PM - 3:00PM

Please visit our Open House at 139 8590 SUNRISE DR in Chilliwack. See details here

Open House on Saturday, June 8, 2024 1:00PM - 3:00PM

VIEW! VIEW! VIEW! This is a rare END UNIT folks! We have a 2869 sq ft rancher/bsmt townhouse with panoramic mountain and valley views! Take in the vaulted ceilings and open concept living with engineered hardwood flooring on the main. The white kitchen has granite counters, high end S/S appliances plus custom built pull out, soft close drawers with accent lighting. The primary bedroom is on the main, with a W/I closet, power blinds & a 5 piece ensuite. The bsmt has it's own entry and private patio, 2 large bedrooms, family room and media room with surround sound, amplifier & TV, all included. All closets and cupboards are custom built. Two gas fireplaces, one up & one down and custom Low-E blinds throughout. Pets & kids welcome. Enjoy your garden set up on drips and timer. Don't wait!

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