A “May” Zing

I’ve always liked to analyze numbers and look deeper than what is advertised in the media, or is maybe over looked, and find little gems like this one. Would you believe it costs more for an apartment on average in Sardis(Chilliwack) than it does in Mission or Abbotsford?
Now knowing Sardis, it doesn’t surprise me given the apartments are generally newer, and in nice neighbourhoods but, given that it has been that way for the past three years, it makes me wonder if that trend will continue, or if given the rise of the other markets if Sardis will be dethroned. What do you think?

Apartment sales for the year
Sardis on Top

A little play on words here, certainly I do not believe the apartment market is weak, with continued demand for affordability and low inventory I see this market continuing to move along nicely for some time to come.

Average days on market
A “Week” market

I personally believe this stat really speaks to affordability and opportunity, Sellers getting and Buyers giving. This will push prices up, up, up.

Percent of original asking price
Giving it 100%

There are plenty of ways to look at the numbers, but knowing the product, pricing it accordingly, and marketing it effectively are essential tools to getting the most return, in the least time. I can help, “It’s what I do”
Reach out I’m ready.
604-793-5757
bbell@royallepage.ca
Or start your search at sellwithbryanbell.com

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s