Things finally seem to be picking up again for our market in August 2019 with a total of 1,297 sales processed. This is just 7% below the 10 year average for the month of August, which is making our market look much more stable than it was just 2 months ago with June 2019 being 18% fewer sales than the June 10 year average.  September and October will likely see numbers much closer to the 10 year averages as well, which will likely bring some stability in price for the next couple of months.  

August 2019 saw 11% fewer sales than we saw a month earlier in July 2019, however, in the last 10 years there is only one instance of August have more sales than July of that same year. August 2019 also saw 12% more sales than we saw in August 2018.

The biggest change month to month was the number of detached single family homes that sold last month.  North Delta, Surrey, and Langley saw more than 25% increase in the number of sales of detached homes compared to July 2019.  All of this in indicative of a normal steady market.

16% of single family homes listed for sale sold in August 2019, and Townhouses and Condos both saw 22% of available listings sell in the month.  This actually means that apartments and condos are still technically in a seller's market, as anything about 20% is a seller's market.  Anything below 12% is a buyer's market, and everything in between is a balanced market.  Again, more signs of stability in the market.

Stability in the market means that it is a great time to buy and sell real estate, as it gives buyers time to make a good decision, and homes that are listed at a fair price will sell. If you are thinking about making a move in the future, or just want to explore some ideas, be sure to get in touch with me! I look forward to hearing from you soon.

"Compared to the other agents we met with and considered using, Kevan Lewis demonstrated a much higher attention to detail and provided substantially more information. Especially as first time home buyers, we wanted to properly understand the whole process and to have confidence in the abilities of the agent we chose to work with. Kevan was very thorough and great to deal with throughout the whole experience. We are very happy with our new home!"

Sarah Kumar, Surrey (Buyer)

"We chose Kevan to sell our home and were not disappointed.

Kevan is a true professional. He went above and beyond in selling our condo. He was always prompt in answering calls/ questions as well as accessible and friendly. I really appreciated him coming to my new residence when it was inconvenient for me to meet somewhere as I was heavily pregnant/ just had a baby.

Our listing was beautiful and it was apparent that getting my place sold was important to him. There was great quality online marketing and lots of open houses to get my place sold.

We look forward to using Kevan again in the future and we would highly recommend him to anyone looking to sell or purchase a home.

Thank you for a great experience and a job well done, Kevan!"

Jaclyn Manson, Guildford BC (Seller)

"Kevan Lewis was great at doing the research before hand and finding places of value for me to look at. After having a good selection of places we were able to narrow down the list and make good use of our time in visiting places.

Kevan went above and beyond in traveling with me from place to place and went the extra mile every step of the way.

I would recommend Kevan Lewis to anyone looking for an agent who will keep you informed at every decision, works tirelessly to get you the deals you deserve, and not be pushed around by another agent."

Patrick Gares, Surrey (Buyer)

"Kevan Lewis was very helpful with suggestions of presentation of the suite and what we should fix/change. Even did some research for us to find suppliers.

We would recommend Kevan to others because he presents his marketing plan very professionally, got lots of showings for us, was patient waiting for us to do the little improvements he suggested and did his research on what was the going price in the complex. He was great helping us to find our new home also."

Mr. & Mrs. Emerson, Surrey (Seller)