SFU home prices climb again in May 

June is upon us and so is your SFU monthly housing market snapshot.

  • In May the SFU HPI price index continued to climb month to month. This is the sixth consecutive month of price gains.

  • Home prices are now at levels comparable to those seen late summer last year but still below the peak experienced 12 months ago. 

  • Month to month sales while home inventory rose for the 3rd month in a row. 

  • Homes on SFU sold on average at 101% above list price and in 13 days.

It’s a Seller’s market out there and buyers are often competing for well priced homes.

Contact us to learn more about how this market impacts you and your real estate goals.