WINNERS and LOSERS in the Surrey Real Estate Market

Since the market peaked early on this year, there have been some definite “winners” and “losers” in terms of which regions in Surrey have experienced the largest correction in prices.

In this month's Surrey Report, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty reviews just how far real estate prices in Surrey have slid and which neighbourhoods are faring better than others right now in terms of benchmark sale price. As with every Surrey Report, the team also breaks down the September 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy)
🏠 Detached = $1,611,000 (+.2%7)
🏘 Townhomes = $834,800 (+%9.4)
🌆 Condos = $522,800 (+12.2%)

#SurreyRealtor #SurreyRealEstate #SurreyRealEstatePrices

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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.

📱 call or text: 604-549-5828
📧 email: steve@krproperties.ca
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.