Surrey condos are in trouble! Bloated inventory on the market and a lack of buyers means properties are sitting and the many will simply not sell.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty dives deep into the January 2025 stats to provide a picture of what the market is currently like in all areas of the Fraser Valley. As with every Surrey Report, the team also breaks down the January 2025 benchmark stats for the City of Surrey.
Benchmark Prices: (Surrey Combined) (+/- yoy):
Detached = $1,607,500 (+0.2%)
Townhomes = $851,800 (-0.8%)
Condos = $527,000 (-2.2%)
05:27 Grand Totals
06:09 Fraser Valley Combined
07:07 Abbotsford
07:40 Mission
08:24 South Surrey & White Rock
10:44 Langley
12:23 North Delta
13:23 City of Surrey Combined
14:00 Surrey “Central”
15:00 Cloverdale
16:14 North Surrey
17:36 Listing Inventory
18:18 Consumption Rate
19:20 Home Price Index
19:42 Coles Notes
Book A Call with Steve: https://calendly.com/stevekarrasch
DOWNLOAD Our *FREE* Home Buyer's Guide: https://tinyurl.com/cn6u4sd9
Follow my weekly real estate podcast https://www.youtube.com/c/thetomstoreyshow
*** Start Your Mortgage Application Today***
CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR_Properties/home
*** Need Home and Property Insurance? ***
Use the company I use! SQUARE ONE:
Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/karrasch?offer_code=KARRASCH
Are you a REALTOR®? Want to learn how to level up your business?
Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate
*** https://videocourselogin.com/ ***
DISCOUNT CODE: Steve10
Subscribe To The Tom Storey Show Podcast with Steve and Tom:
YouTube: https://www.youtube.com/channel/UCse8VG5r3C9O9S7W6-p5sNg
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/ca/podcast/the-tom-storey-show-with-steve-tom/id1627632474
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In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty dives deep into the January 2025 stats to provide a picture of what the market is currently like in all areas of the Fraser Valley. As with every Surrey Report, the team also breaks down the January 2025 benchmark stats for the City of Surrey.
Benchmark Prices: (Surrey Combined) (+/- yoy):
Detached = $1,607,500 (+0.2%)
Townhomes = $851,800 (-0.8%)
Condos = $527,000 (-2.2%)
05:27 Grand Totals
06:09 Fraser Valley Combined
07:07 Abbotsford
07:40 Mission
08:24 South Surrey & White Rock
10:44 Langley
12:23 North Delta
13:23 City of Surrey Combined
14:00 Surrey “Central”
15:00 Cloverdale
16:14 North Surrey
17:36 Listing Inventory
18:18 Consumption Rate
19:20 Home Price Index
19:42 Coles Notes
Book A Call with Steve: https://calendly.com/stevekarrasch
DOWNLOAD Our *FREE* Home Buyer's Guide: https://tinyurl.com/cn6u4sd9
Follow my weekly real estate podcast https://www.youtube.com/c/thetomstoreyshow
*** Start Your Mortgage Application Today***
CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR_Properties/home
*** Need Home and Property Insurance? ***
Use the company I use! SQUARE ONE:
Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/karrasch?offer_code=KARRASCH
Are you a REALTOR®? Want to learn how to level up your business?
Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate
*** https://videocourselogin.com/ ***
DISCOUNT CODE: Steve10
Subscribe To The Tom Storey Show Podcast with Steve and Tom:
YouTube: https://www.youtube.com/channel/UCse8VG5r3C9O9S7W6-p5sNg
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/ca/podcast/the-tom-storey-show-with-steve-tom/id1627632474
My Video Gear:
Microphone: https://amzn.to/48o54pR
Interview Microphones: https://amzn.to/3nzryhx
Over Ear Headphones: https://amzn.to/3NQvmHz
Studio Lights: https://amzn.to/3r8uLoY
Ring Light: https://amzn.to/3BWOaST
Mobile Light: https://amzn.to/40nlfBO
Wall Mount Boom: https://amzn.to/3fjtaHq
Teleprompter: https://amzn.to/4hsRMMX
Teleprompter Screen: https://amzn.to/3qef54m
Zoom Podcast Recorder: https://amzn.to/3r8uLoY
Power Supply: https://amzn.to/3qYpe4o
USBC Hub: https://amzn.to/3YsFn2E