February property sales in the Fraser Valley finished above the 10-year average for the month. New listings came in 3 percent lower, making the overall inventory at historically below-average levels.
The FVREB processed 35 detached home sales in Mission on MLS in February which was a 20.7 per cent increase compared to January 2020. Along with 8 Townhomes which was a 166.7 per cent increase and 2 apartments which was a 50% decrease from January 2020.
We are seeing a higher number of people attending open houses and increased multiple offers so far this year. The average property is selling 6 days faster than last year. The average number of days to sell a detached home was 37 days, townhome was 33 and apartment was 37.
If you have thought about selling your home, this is a great time to give me a call.