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Westcoast Condominium
With only a touch over 200 active listings, there is not a lot of product to check out currently in Surrey. That’s typical for this time of year when the real estate market starts waking up from its holiday hangover to a new year’s possibilities. Where condo hunters will want to concentrate their search is on the most recent listings, of which there were 35 that had been on the market for 10 days or less at the time of writing. These range from a one-bedroom in King George Corridor’s Ocean Bay Villas complex that was listed January 4 for $274,900 to a two-bedroom in Whalley’s Ultra tower that came on the market January 11 for $800K.
Among Surrey’s recent quick sales, a two-bedroom in the brand-new Manarola building in Fleetwood Tynehead was snapped up as soon as it was listed for five per cent below its $282,000 asking price. Over in Whalley, another two-bedroom was only two days on the market before its sellers accepted an offer of $182,000 – two per cent below their list price.
West Newton
This popular Surrey neighbourhood offers an abundance of convenience. The most recent of the area’s 14 active listings (and its cheapest) is a two-bedroom unit in College Park for $274,900. At the top of the range is a three-bedroom home in Salus. That seven-year-old condo was listed back in November and can be yours for $349,000.
One of the area’s most recent sales was the January 3 transaction for a two-bedroom in The Villas at Strawberry Hill. This six-year-old home spent 20 days on the market before going for three per cent under its $259,900 list price.
Clayton
The centre of this community lies on high ground overlooking the flats on the Serpentine River. There are just three active condo listings here ranging in price from $289,800 for a two-bedroom in Willow Grand that was put on the market earlier this month to $349,800 for a two-bedroom in Waterstone that was listed in November.
A two-bedroom home in Calera changed hands recently. After 26 days on the market, its owners are walking away with $215,000 – two per cent less than they’d hoped for.
Surrey Condo Market Snapshot
